Litigation
Aug. 24, 2012
Toshiba settles price-fixing lawsuit
Toshiba Corp. has agreed to settle claims with a group of plaintiffs that last month won an $87 million verdict against the electronics manufacturer for its alleged involvement in a scheme to fix the prices of LCD panels.
Daily Journal Staff Writer
SAN FRANCISCO-Toshiba Corp. has agreed to settle claims with a class of plaintiffs that last month won an $87 million verdict against the electronics manufacturer for its alleged involvement in a scheme to fix the prices of LCD panels.
In July, a jury found that Toshiba conspired to "fix, raise, maintain or stabilize the price" of LCD panels sold to customers who bought the products directl...
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