By Sarah Mirando  |  April 2, 2010

Category: Legal News

Samsung LCD

 

Samsung, Sharp and Other LCD Makers Face Class Action Lawsuit

By Sarah Pierce

 

A judge has certified a class action lawsuit against Samsung, Sharp and other makers of liquid-crystal display panels for allegedly conspiring with each other to fix prices and overcharge customers. The class action suit was filed on behalf of customers who purchased televisions, computer monitors and laptops containing the flat-screen displays or other LCD products from 1999 to 2006.

 

The class action suit will undoubtedly add more financial worries for LCD makers, who have been fined almost $1 billion since 2008 after six LCD makers plead guilty to price fixing in a U.S. criminal investigation. A European investigation is pending.

 

According to BusinessWeek.com, Sharp, Hitachi, Epson and Chei Mei Optoelectronics have pleaded guilty in the U.S. investigation. Samsung, the world’s largest LCD maker, hasn’t pleaded guilty to price fixing.

 

{loadposition content_emailadd}

 

Updated April 2nd, 2010

 

All class action and lawsuit news updates are listed in the Lawsuit News section of Top Class Actions

 

LEGAL INFORMATION IS NOT LEGAL ADVICE
Top Class Actions Legal Statement
 
©2008 – 2010 Top Class Actions® LLC
Various Trademarks held by their respective owners.
 
{loadposition content_asterpix} 

{loadposition content_ghome}

3 thoughts onSamsung, Sharp and Other LCD Makers Face Class Action Lawsuit

  1. ann owens says:

    add me

  2. donna says:

    Please add me. My Samsiung TV died in 2 yrs.

  3. Jodie Roskydoll says:

    Add me

Leave a Reply

Your email address will not be published. By submitting your comment and contact information, you agree to receive marketing emails from Top Class Actions regarding this and/or similar lawsuits or settlements, and/or to be contacted by an attorney or law firm to discuss the details of your potential case at no charge to you if you qualify. Required fields are marked *

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.