Lcd Class Action
Girard Gibbs LLP filed a class action lawsuit
against numerous manufacturers of Thin-Film Transistor Liquid Crystal Displays
(TFT-LCDs), alleging that those manufacturers conspired to fix prices on the
screens in violation of federal antitrust laws. Similar cases against these
manufacturers were consolidated in the United States District Court for the
Northern District of California before the Honorable Susan Y. Illston. On July
10, 2007, Judge Illston appointed Girard Gibbs LLP as liaison counsel for the
consolidated actions on behalf of direct purchaser plaintiffs.
The complaint alleges that the manufacturers agreed to restrict the supply of
TFT-LCDs in the market, causing persons and business who bought TFT-LCDs
directly from the manufacturers to pay artificially inflated and
non-competitive prices in violation of federal law. Customers who bought
TFT-LCDs directly from the defendants or their subsidiaries from approximately
January 1, 1998, to the present are considered members of the class.
TFT-LCDs are thin, flat panel display devices that are used in televisions,
desktop computer monitors, notebook computer monitors, mobile phones, personal
digital assistants and other electronic devices.
The class action names the following defendants, among others: Samsung, L.G.
Philips, Sharp Corporation, Toshiba, Hitachi, Sanyo, NEC, AU Optronics.
No comments:
Post a Comment