LCD Flat Panel Products Direct Purchaser Antitrust Settlement

July 22, 2024
3:07-md-01827 US District Court Northern District of California

Overview

Plaintiffs allege that, from at least January 1, 1996 through December 11, 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.

Class

All persons and entities who, between January 1, 1999 and December 31, 2006, directly purchased a TFT-LCD panel from any defendant or any subsidiary thereof, or any named affiliate or any named co-conspirator. 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.

All persons and entities who, between January 1, 1999 and December 31, 2006, directly purchased a television, computer monitor, or notebook computer containing a TFT-LCD panel from any defendant or any subsidiary thereof, or any named affiliate or any named co-conspirator. 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
  • SharpToshiba
Proposed Settlements
 $473,000,000
​Sharp $105,000,000
​Samsung ​$82,700,000
​Chi Mei ​$78,000,000
​LG Display ​$75,000,000
​Hitachi ​$28,000,000
​HannStar ​$14,900,000
​Chunghwa ​$10,000,000
​Epson ​$7,000,000
​Sanyo ​$3,500,000
​Mitsui ​$950,000
​AU Optronics ​$38,000,000
​Toshiba ​$30,000,000

Filing Deadline: Contact SRG​


​​​​​Settlement Recovery Group, LLC (“SRG”) is not the official claims administrator, class counsel or any party in the case. SRG is a third party claims filing service that can be hired to file and track claims.​ We specialize in helping companies and small businesses file claims to obtain their fair share of settlement money from class action lawsuits once a settlement has been reached. Our services are voluntary and are not required to file a claim; claimants may file a no-cost claim on their own. This summary is for informational purposes only and is based on SRG’s review of publicly available case documents. Official information can be found on the case website and on the court docket. This summary is not and should not be construed as legal, tax, or other professional advice.

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