Law360, New York (July 12, 2012, 6:16 PM ET) -- Toshiba Corp. moved Wednesday to avoid paying damages after a class of direct purchasers of liquid crystal displays won an $87 million price-fixing verdict against the company, arguing that the $443 million the plaintiffs already won from other defendants should offset the jury award.
Even if the verdict were trebled under the Sherman Act, it still would amount to only $261 million in damages, meaning the plaintiffs already have recovered all their damages from AU Optronics Corp., LG Display Co. Ltd. and others, according to Toshiba's...
Toshiba Seeks To Avoid Damages On $87M LCD Verdict
To view the full article, take a free trial now.
