Toshiba, Others Accused Of $1B Digital Card Cartel

Law360, New York (March 16, 2011, 4:02 PM EDT) -- A putative class filed suit Tuesday in California against Panasonic Corp., Toshiba Corp. and SanDisk Corp., alleging they overcharged consumers by up to $1 billion through a cartel to control intellectual property rights to secure-digital cards.

The consumer class action was filed in the U.S. District Court for the Northern District of California. David Healey of Fish & Richardson PC, who is representing the plaintiffs, gave a preliminary damages estimate of $500 million to $1 billion.

The suit comes after Samsung Electronics Co. Ltd. filed a...
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