Wal-Mart, Panasonic Block Remand Of Shoddy Plasma TV Suit

Law360, New York (March 27, 2013, 6:31 PM EDT) -- An Arkansas federal judge found Wednesday that a putative class action accusing Wal-Mart Stores Inc. and Panasonic Corp. of concealing screen defects commonly found in Sanyo plasma televisions must remain in federal court, ruling that damages could potentially exceed $5 million.

U.S. District Judge Susan Webber Wright said a fact finder could conclude the amount at stake is higher than the $5 million required for removal under the Class Action Fairness Act, given the proposed nationwide class of consumers who paid approximately $900 to $1,500 for...
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