TFT-LCD (Flat Panel) Products Indirect Purchaser Antitrust Settlement

Overview

Plaintiffs allege that, from at least January 1, 1999 through December 31, 2006, defendants operated a cartel, the purpose of which was to raise, fix, and stabilize the prices 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, allege the defendants fixed the prices of the TFT-LCDs, causing the plaintiffs to pay more than they should have.

Filing Deadline

Not Yet Established

Class

All persons and entities in Arizona, Arkansas, California, District of Columbia, Florida, Hawaii, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nevada, New Mexico, New York, North Carolina, North Dakota, Rhode Island, South Dakota, Tennessee, Vermont, West Virginia, and Wisconsin who, from January 1, 1999 and December 31, 2006, as residents of their respective states, purchased LCD panels incorporated in Televisions, monitors, and/or laptop computers in their respective states indirectly from one or more of the named Defendants or Quanta Display Inc., for their own use and not for resale. Specifically excluded from the Class are defendants; the officers, directors, or employees of any defendant; the parent companies and subsidiaries of any defendant; the legal representatives and heirs or assigns of any defendant; and the named affiliates and co-conspirators.  Also excluded are any federal, state or local governmental entities, any judicial officer presiding over this action and the members of his/her immediate family and judicial staff, and any juror assigned to this action.

Defendants

  • Acer
  • AU Optronics
  • Chi Mei Corporation
  • Chunghwa
  • Epson
  • Fujitsu
  • Hannspree
  • HannStar
  • Hitachi
  • Hydis Technologies
  • IBM
  • IPS Alpha Technology
  • LG Electronics
  • Mitsubishi Electric
  • Mitsui
  • NEC
  • Panasonic
  • Philips
  • Samsung
  • Sanyo
  • Seiko Epson
  • Sharp
  • Toshiba

 

Partial Settlements: $1.1 billion

Chimei $110,273,318
Chunghwa $5,305,105
Epson $2,850,000
HannStar $25,650,000
Hitachi $38,977,224
Samsung $240,000,000
Sharp $115,500,000
LG $361,000,000
AUO $161,500,000
Toshiba $21,000,000

 

 

Questions?

Settlement Recovery Group LLC
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Jersey City, NJ 07310
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