LG, AU Optronics, Toshiba settle LCD price-fixing charges with states for $571 million
LG Display, AU Optronics and Toshiba have agreed to settle LCD price-fixing claims for $571 million. The agreement will resolve charges brought by 24 states.
The new addition brings the total amount of the settlement fund to $1.1 billion, which is a record for the largest all-cash consumer recovery. Chimei, Chunghwa Picture Tubes, Epson, HannStar Display, Hitachi, Samsung Electronics and Sharp had already settled for $538 million.
Full content: Computerworld
Related content: Recovery in the U.S. for Price Fixing Abroad: The Future of FTAIA Litigation
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