TFT-LCD (Flat Panel) Antitrust Litigation
Berger Montague served on the Plaintiffs’ executive committee in In re TFT-LCD Antitrust Litigation, a class action lawsuit against the world’s leading manufacturers of Thin Film Transistor Liquid Crystal Displays (“TFT-LCDs”) and products incorporating TFT-LCDs.
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, who directly purchased from a Defendant the TFT-LCDs or the products containing them, alleged the Defendants fixed the prices of the TFT-LCDs, causing the Plaintiffs to pay more than they should have.
On March 28, 2010, Judge Illston certified the case as a class action. 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 trial, Toshiba agreed to resolve the case by paying the class $30 million to resolve the case. With the Toshiba settlement, Berger Montague and other class counsel obtained over $473 million from the defendants in this action.
LEAD ATTORNEYS: Ruthanne Gordon, Candice J. Enders