The efforts of class action plaintiffs lawyers in wide-ranging, long-running LCD panel antitrust litigation are paying off, with total recoveries possibly crossing the $1 billion mark.
On Thursday, plaintiffs in multidistrict litigation over alleged price-fixing in the market for thin-screen LCD panels filed a motion for preliminary approval of $571 million in settlements with the three remaining class action defendants: AU Optronics Corp., LG Display and Toshiba Corp. If approved by San Francisco U.S. District Judge Susan Illston, the settlements would bring the total amounts recovered in the cases brought by indirect purchasers to more than $1.1 billion.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
