SAN FRANCISCO A federal jury handed plaintiffs a $261 million verdict on Tuesday, finding flat-panel screen maker Toshiba engaged in a price-fixing conspiracy. But the defense has its own victory to claim.
A class of direct purchaser plaintiffs represented by Lieff Cabraser Heimann & Bernstein and Pearson, Simon, Warshaw & Penn secured an $87 million verdict, tripled under a provision of the Sherman Act, after a six-week trial before U.S. District Judge Susan Illston. Toshiba, represented by Christopher Curran of White & Case in Washington, D.C., suspects it won’t have to pay a dime.
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