Litigation
Sep. 12, 2012
Toshiba paid $30 million to settle lawsuit
Papers filed in federal court Monday reveal that Toshiba Corp. reached a $30 million settlement with plaintiffs who allege the Tokyo-based electronics company participated in a scheme to fix the price of flat panel screens.
By Saul Sugarman
Daily Journal Staff Writer
Papers filed in federal court Monday reveal that Toshiba Corp. reached a $30 million settlement with plaintiffs who allege the Tokyo-based electronics company participated in a scheme to fix the price of flat panel screens.
The settlement brings to a close ongoing litigation against several electronics manufacturers accused of fixing prices of LCD panels between 1998 and 2006. In Re: TFT-LCD (Flat Panel) Antitrust Litigatio...
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