tft lcd class action free sample
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TFT-LCDs are used in flat-panel televisions as well as computer monitors, laptop computers, mobile phones, personal digital assistants, and other devices. Plaintiffs charged that defendants conspired to raise and fix the prices of TFT-LCD panels and certain products containing those panels for over a decade, resulting in overcharges to purchasers of those panels and products.
In March 2010, the Court certified two nationwide classes of persons and entities that directly purchased TFT-LCDs from January 1, 1999 through December 31, 2006, one class of panel purchasers, and one class of buyers of laptop computers, computer monitors, and televisions that contained TFT-LCDs.
Over the course of the litigation, the classes reached settlements with all defendants except Toshiba. The case against Toshiba proceeded to trial. In July 2012, the jury found that Toshiba participated in the price-fixing conspiracy. The case was subsequently settled, bringing the total settlements in the litigation to over $470 million.
Hagens Berman represented 13 states in the largest recovery in litigation history. Steve Berman served as special assistant attorney general for the states of Washington, Arizona, Illinois, Indiana, New York, Alaska, Idaho, Ohio, Oregon, Nevada, Montana, Vermont and Rhode Island in prosecuting major actions against the tobacco industry. more »
The firm served as co-lead counsel in what was then the largest antitrust settlement in history. The class-action lawsuit alleges that Visa and MasterCard, together with Bank of America, JP Morgan Chase and Wells Fargo, violated federal antitrust laws by establishing uniform agreements with U.S. banks that issue automated teller machine (ATM) cards. more »
Steve Berman was selected by the court as class counsel on behalf of consumers experiencing sudden unintended acceleration in certain Toyota vehicles. Berman, who did not nominate himself for the role in the case was selected by the judge above attorneys who submitted themselves. Berman went on to achieve a settlement in the case which was at the time, the largest in history brought against an automaker. more »
The firm was named lead counsel representing Volkswagen franchise dealers in a class-action lawsuit in which the settlement represents a result of nearly full damages for the class. The lawsuit states that in the midst of VW’s Dieselgate scandal, it withheld information about the scandal from its franchise dealers, even though it was aware of the issue since at least as early as 2014. more »
The firm reached a monumental settlement in this class-action lawsuit on behalf of owners of Mercedes vehicles affected by Daimler’s emissions cheating. The case was initially filed and researched by Hagens Berman, based on the firm’s independent vehicle testing, and the firm served as co-lead counsel. The consumer settlement followed a $1.5 billion settlement between Mercedes and the U.S. Justice Department and California Air Resources Board. The settlement includes an $875 million civil penalty for violating the Clean Air Act. more »
Hagens Berman’s Steve Berman represented bondholders and the bondholder trustee in a class-action lawsuit stemming from the failure of two Washington Public Power Supply System (WPPSS) nuclear projects. After years of litigation, plaintiffs were awarded a $700 million settlement agreement brought against more than 200 defendants. more »
The firm took on Apple and five of the nation’s largest publishing companies in an antitrust class action regarding e-book price-fixing. When Apple’s portion – which was taken by the defendant to the U.S. Supreme Court, which sided with consumers – combined with prior settlements with the publisher defendants, consumers received more than twice the amount of losses suffered by consumers in a historic victory in consumer protection cases. more »
Hagens Berman filed a class-action lawsuit against several major manufacturers of TFT LCD products claiming the companies engaged in a conspiracy to fix, raise, maintain and stabilize the price of TFT LCD products. After years of representing consumers against multiple defendants in multi-district litigation, the total settlements in the litigation exceeded $470 million. more »
The court denied summary judgment and paved the way for trial in this litigation against brand and generic manufacturers of the diabetes drug Glumetza. Hagens Berman served as co-lead counsel for the direct purchaser class. U.S. District Judge William Alsup granted preliminarily approved of $453.85 million in settlements resolving direct purchasers’ allegations. more »
Hagens Berman was lead counsel in these racketeering cases against McKesson for drug pricing fraud that settled on the eve of trials. The settlement involved the price of more than 400 prescription drugs, and more than 315,000 reimbursement checks were distributed by mail to eligible cash-payor consumer class members and pharmacy class members. more »
The firm was co-lead counsel in this class action claiming companies secretly agreed to reduce the supply of dynamic random access memory (DRAM) chips – a $20 billion a year business – in order to artificially raise prices. The lawsuit settled in favor of purchasers of DRAM. more »
Hagens Berman represents Meijer Inc. and Meijer Distribution Inc. in a class-action lawsuit filed against drug maker, Ranbaxy, accusing it of recklessly stuffing the generic drug approval queues with grossly inadequate applications. The lawsuit says this deceived the FDA into granting tentative approvals to lock in statutory exclusivities to which Ranbaxy was not entitled. Ranbaxy brandished these undeserved exclusivities to exclude others while its own applications floundered, all at the direct expense of U.S. drug purchasers. The firm’s victory is part of a $485 million total settlement for all plaintiffs in the case. more »
Hagens Berman was co-lead counsel in this ground-breaking drug pricing case against the world’s largest pharmaceutical companies, resulting in a victory at trial. The class-action pharmaceutical fraud lawsuit asserted that the drug companies illegally inflated the prices which were then published in independent publications. The complaint alleged there was a conspiracy between the drug makers and pharmacy benefit managers. more »
Hagens Berman achieved this settlement on behalf of owners of EcoDiesel Dodge 1500 and Jeep Grand Cherokee vehicles in response to Fiat Chrysler’s emissions-cheating, masking emissions levels up to 10 times the legal limit. Under the settlement, class members who repair their vehicles and submit a claim will receive $3,075, and former owners and lessees will be entitled to $990. The total value of the deal will be $307 million, granted all owners submit a valid claim. more »
The firm represented consumers in this class-action lawsuit in which the court granted approval to a settlement bringing repayment to consumers. The lawsuit accused Hyundai and Kia of knowingly selling vehicles whose EPA fuel economy ratings were less than stated. more »
Hagens Berman represented small businesses including veterinary clinics, medical and dental clinics, and medical labs in a class-action lawsuit alleging Stericycle"s billing practices and accounting software violated consumers laws and constituted breach of contract. more »
The firm was lead counsel in this action alleging fraud in the management of the Schwab YieldPlus mutual fund. The lawsuit claimed Charles Schwab and the funds" underwriter deceived investors about the underlying risk in the funds, which were sold as cash alternatives, but were in fact highly speculative and risky mortgage-related structured debt. more »
Hagens Berman served as interim class counsel in this landmark sexual harassment class action in which a $215 million settlement was reached with the University of Southern California and its former gynecologist, Dr. George Tyndall. Approximately 18,000 individuals are covered by the settlement. more »
The firm was lead counsel in this action claiming the NCAA agreed in violation of national antitrust laws to unlawfully cap the value of athletic scholarships. The historic settlement will change the landscape of college sports and allow conferences to offer athletes additional benefits that the NCAA’s president has admitted are a benefit for student-athletes. The damages recovery amounts to 100 percent of single damages in an exceptional result in an antitrust case. Following the firm’s settlement win regarding the case’s damages portion, the NCAA appealed the injunctive portion of the case to the U.S. Supreme Court where plaintiffs received a unanimous 9-0 win, cementing the case’s monumental changes to college sports. Steve Berman served as trial counsel during a 10-day bench trial. more »
As court-appointed co-lead counsel, Hagens Berman helped finalize settlement agreements totaling $169 million involving multiple major players in the entertainment industry, including BlueSky, Sony, DreamWorks and Disney. The firm represented a nationwide class of approximately 10,000 animators and other artistic workers in this antitrust class-action case. more »
Hagens Berman served as court-appointed co-lead class counsel of a class of direct purchasers alleging that GlaxoSmithKline intentionally submitted sham citizen petitions to the U.S. Food and Drug Administration, and actively delayed the approval of generic versions of Flonase. more »
Hagens Berman obtained summary judgment in this class action to recover deceptive service fees and settled the case. The lawsuit filed in 2005 on behalf of consumers claimed the travel-booking giant defrauded consumers by repeatedly breaching its contractual obligations and charging service fees under false pretenses in millions of hotel transactions.
Hagens Berman filed an antitrust lawsuit against pharmaceutical manufacturer Warner Chilcott, alleging the company used anti-competitive tactics, including lying to the U.S. Patent Office, to suppress generic competition for oral contraceptive drug Loestrin 24 Fe (also known simply as “Loestrin 24”). Hagens Berman served as interim co-lead counsel for the certified class of direct purchasers. The parties reached a proposed settlement shortly before trial. more »
Hagens Berman secured a settlement in this class-action lawsuit against some of the largest electronics manufacturers of lithium-ion batteries, including LG Chem, Ltd., Panasonic, Sanyo, Sony, Samsung, Hitachi and Maxell Corporation of America, for conspiring to fix and artificially increase the price of batteries, inflating the cost of notebooks and other portable computers paid by consumers. more »
Hagens Berman represented a class of owners of Fiat Chrysler vehicles prone to spontaneous shut off when oil pressure is low. The oil consumption defect presented a costly and dangerous situation to owners of FCA vehicles equipped with a 2.4L TigerShark MultiAir II engines. A federal judge approved a settlement valued at $108 million comprised of comprehensive relief including extended warranties, software upgrades, free testing and repairs, and repair reimbursements. more »
The court appointed Hagens Berman co-lead counsel in this class-action lawsuit on behalf of investors and groups that invested capital with Tremont Group Holdings. The suit alleges investors lost a total of $3.3 billion in assets, $3.1 billion from the Rye Funds. The lawsuit alleges the company and others grossly neglected fiduciary duties by turning capital over to Bernard Madoff Investment Securities. more »
Hagens Berman served as court-appointed co-lead class counsel representing a class of direct purchasers of Prograf. The antitrust lawsuit alleges that Astellas violated antitrust laws by filing petition with the FDA as a means of delaying entry of a generic version of Prograf, a drug used to prevent organ rejection by kidney, liver, heart and lung transplant patients. more »
The firm filed a class action on behalf of Android app developers against Google accusing it of violating antitrust laws by illegally monopolizing markets for Android app distribution and in-app payment processing. Hagens Berman was the first to file a class case, led settlement negotiations and patterned the settlement with Google after its 2021 legal win against Apple regarding damages to iOS developers through Apple’s App Store policies. more »
The TFT-LCD (Flat Panel) Antitrust Litigationclass-action lawsuit regarding the worldwide conspiracy to coordinate the prices of Thin-Film Transistor-Liquid Crystal Display (TFT-LCD) panels, which are used to make laptop computers, computer monitors and televisions, between 1999 and 2006. In March 2010, Judge Susan Illston certified two nationwide classes of persons and entities that directly and indirectly purchased TFT-LCDs – for panel purchasers and purchasers of TFT-LCD integrated products; the litigation was followed by multiple suits.
TFT-LCDs are used in flat-panel televisions, laptop and computer monitors, mobile phones, personal digital assistants, semiconductors and other devices;
In mid-2006, the U.S. Department of Justice (DOJ) Antitrust Division requested FBI assistance in investigating LCD price-fixing. In December 2006, authorities in Japan, Korea, the European Union and the United States revealed a probe into alleged anti-competitive activity among LCD panel manufacturers.
The companies involved, which later became the Defendants, were Taiwanese companies AU Optronics (AUO), Chi Mei, Chunghwa Picture Tubes (Chunghwa), and HannStar; Korean companies LG Display and Samsung; and Japanese companies Hitachi, Sharp and Toshiba.cartel which took place between January 1, 1999, through December 31, 2006, and which was designed to illegally reduce competition and thus inflate prices for LCD panels. The companies exchanged information on future production planning, capacity use, pricing and other commercial conditions.European Commission concluded that the companies were aware they were violating competition rules, and took steps to conceal the venue and results of the meetings; a document by the conspirators requested everybody involved "to take care of security/confidentiality matters and to limit written communication".
Companies directly affected by the LCD price-fixing conspiracy, as direct victims of the cartel, were some of the largest computer, television and cellular telephone manufacturers in the world. These direct action plaintiffs included AT&T Mobility, Best Buy,Costco Wholesale Corporation, Good Guys, Kmart Corp, Motorola Mobility, Newegg, Sears, and Target Corp.Clayton Act (15 U.S.C. § 26) to prevent Defendants from violating Section 1 of the Sherman Act (15 U.S.C. § 1), as well as (b) 23 separate state-wide classes based on each state"s antitrust/consumer protection class action law.
In November 2008, LG, Chunghwa, Hitachi, Epson, and Chi Mei pleaded guilty to criminal charges of fixing prices of TFT-LCD panels sold in the U.S. and agreed to pay criminal fines (see chart).
The South Korea Fair Trade Commission launched legal proceedings as well. It concluded that the companies involved met more than once a month and more than 200 times from September 2001 to December 2006, and imposed fines on the LCD manufacturers.
Sharp Corp. pleaded guilty to three separate conspiracies to fix the prices of TFT-LCD panels sold to Dell Inc., Apple Computer Inc. and Motorola Inc., and was sentenced to pay a $120 million criminal fine,
Seven executives from Japanese and South Korean LCD companies were indicted in the U.S. Four were charged with participating as co-conspirators in the conspiracy and sentenced to prison terms – including LG"s Vice President of Monitor Sales, Chunghwa"s chairman, its chief executive officer, and its Vice President of LCD Sales – for "participating in meetings, conversations and communications in Taiwan, South Korea and the United States to discuss the prices of TFT-LCD panels; agreeing during these meetings, conversations and communications to charge prices of TFT-LCD panels at certain predetermined levels; issuing price quotations in accordance with the agreements reached; exchanging information on sales of TFT-LCD panels for the purpose of monitoring and enforcing adherence to the agreed-upon prices; and authorizing, ordering and consenting to the participation of subordinate employees in the conspiracy."
On December 8, 2010, the European Commission announced it had fined six of the LCD companies involved in a total of €648 million (Samsung Electronics received full immunity under the commission"s 2002 Leniency Notice) – LG Display, AU Optronics, Chimei, Chunghwa Picture and HannStar Display Corporation.
On July 3, 2012, a U.S. federal jury ruled that the remaining defendant, Toshiba Corporation, which denied any wrongdoing, participated in the conspiracy to fix prices of TFT-LCDs and returned a verdict in favor of the plaintiff class. Following the trial, Toshiba agreed to resolve the case by paying the class $30 million.
On March 29, 2013, Judge Susan Illston issued final approval of the settlements agreements totaling $1.1 billion for the indirect purchaser’ class. The settling companies also agreed to establish antitrust compliance programs and to help prosecute other defendants, and cooperate with the Justice Department"s continuing investigation.
