ToshibaToshiba Corp. reached a $13.5 million class action lawsuit settlement over allegations it conspired with other electronics makers to fix the prices of cathode ray tubes, which were used in TV and computer monitor screens before being largely replaced with liquid crystal and plasma displays.

The Toshiba cathode ray tubes settlement will resolve a consolidated class action lawsuit, titled In Re: Cathode Ray Tube (CRT) Antitrust Litigation, alleging that Toshiba, Samsung, Hitachi and others conspired to fix the prices for CRTs and to allocate markets and customers in the United States from March 1, 1995 through November 25, 2007, in violation of the Sherman Antitrust Act.

Four settlements in the CRT price-fixing MDL have been preliminarily approved with defendants Chungwa, Philips, Panasonic and LG Electronics, making the Toshiba settlement the fifth to be reached in the litigation.

Details of how the proposed $13.5 million class action settlement will be distributed to Class Members were not immediately available.

The case is In re: Cathode Ray Tube (CRT) Antitrust Litigation (MDL No. 1917), Case No. 7-cv-05944, U.S. District Court for the Northern District of California.

UPDATE: Samsung, Philips, Panasonic, Toshiba, and Hitachi have agreed to pay a total of $563 million to indirect purchasers under the terms of a proposed class action settlement, according to court documents filed May 29, 2015 in California federal court.

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Please note: Top Class Actions is not a settlement administrator or law firm. Top Class Actions is a legal news source that reports on class action lawsuits, class action settlements, drug injury lawsuits and product liability lawsuits. Top Class Actions does not process claims and we cannot advise you on the status of any class action settlement claim. You must contact the settlement administrator or your attorney for any updates regarding your claim status, claim form or questions about when payments are expected to be mailed out.

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3 Comments

  • rufus brown March 28, 2013

    I purchased a Toshiba TV during that time.

    • robert powell January 17, 2014

      hi yes I purchased a Toshiba cinema series and im still using it is it dangerous please tell me thank you robert

  • Top Class Actions June 3, 2015

    UPDATE: Samsung, Philips, Panasonic, Toshiba, and Hitachi have agreed to pay a total of $563 million to indirect purchasers under the terms of a proposed class action settlement, according to court documents filed May 29, 2015 in California federal court.

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