Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Toshiba Settles U.S. Class Action for LCD Price Fixing
Sep 11, 2012
 Printable format
 Email this Article
 Search

Toshiba Corp. said it will settle claims of alleged antitrust violations in the LCD business brought by purchasers of LCD panels and some products containing the panels. The settlement terms call for Toshiba to pay $30 million. In return, plaintiffs will relinquish all claims for damages, fees, costs, and other relief. The agreement still needs to be approved by the U.S. District Court in San Francisco.

This settlement comes after an $87 million July 3 jury verdict against Toshiba, which the company planned to appeal. Toshiba chose to settle instead, to avoid more prolonged litigation.

Toshiba admitted no wrongdoing as part of this settlement, and continues to maintain that it did not engage in illegal activity.

Back to Daily News

 

Daily News

...........................................................

Jul 31, 2014: LG Home Appliance, LG Air Conditioning See Lower Quarterly Sales

Jul 31, 2014: AHAM Canada New Chair is Doell of Samsung Electronics Canada

Jul 29, 2014: Jarden Reports Record Net Sales in 2Q

Jul 29, 2014: LG USA Names VanderWaal to Head Marketing

Jul 29, 2014: Smart Meters May Provide An Entrance Point for Cyber Attacks on the Connected Home

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

October 2014: Portrait of the European Appliance Industry
September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows