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Litigation

Oct. 13, 2012

Judge gives preliminary approval to Toshiba price-fixing settlement

U.S. District Judge Susan Y. Illston on Friday granted preliminary approval of a settlement in a long-running case alleging the price-fixing of liquid crystal display panels.

By Saul Sugarman
Daily Journal Staff Writer

U.S. District Judge Susan Y. Illston on Friday granted preliminary approval of a settlement in a long-running case alleging the price-fixing of liquid crystal display panels. If finalized, electronics manufacturer Toshiba Corp. would pay $30 million to settle claims that it fixed prices of LCD screens to purchasers who bought the products directly from Toshiba. The direct purchaser class obtained an $87 million jury verdict against...

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