Case Number: No. M:07-cv-01827
Practice Area: Antitrust
Case Status: Settled
Settlement Amount: $473 million
Court: United States District Court for the Northern District of California
Berger Montague served on the Plaintiffs’ Executive Committee which obtained over $473 million in total settlements in In re TFT-LCD Antitrust Litigation, an antitrust class action against the world’s leading manufacturers of Thin Film Transistor Liquid Crystal Displays (“TFT-LCDs”) and products incorporating TFT-LCDs. The case was litigated in the United States District Court for the Northern District of California.
TFT-LCDs are used in flat-panel televisions as well as computer monitors, laptop computers, mobile phones, personal digital assistants, and other devices. The plaintiffs were direct purchasers of TFT-LCDs or the products containing them, and alleged that the defendants fixed the prices of TFT-LCDs, causing the plaintiffs and class members to pay more than they should have.
On March 28, 2010, the district court certified the case as a class action, and thereafter, all but one of the defendants agreed to settle prior to trial. On July 3, 2012, a federal jury found that the remaining defendant, Toshiba Corporation, participated in the conspiracy to fix prices of TFT-LCDs and returned a verdict for the plaintiff class, after which, Toshiba agreed to a $30 million settlement. In total, the defendants paid over $473 million in settlements. Shareholder Candice J. Enders participated in this matter on behalf of Berger Montague.
If you or your company has been harmed by anticompetitive conduct or any conduct that you believe violates the antitrust laws, please contact Berger Montague.
About Berger Montague
Berger Montague is a national law firm focusing on complex civil litigation in federal and state courts throughout the United States. For over half a century, Berger Montague has played lead roles in consequential, precedent-setting cases and has recovered over $50 billion for its clients and the classes they have represented. Berger Montague is headquartered in Philadelphia and has offices in Chicago, Minneapolis, San Diego, San Francisco, Toronto, and Washington, D.C.