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Class Actions Pile Up Against LCD Makers

Law360 (February 26, 2007, 12:00 AM EST) -- At least 80 class actions have been filed in U.S. federal courts against LCD makers since the launch late last year of a global investigation into allegations of price-fixing in the market.

The consumer complaints have been flooding in since a mid-December announcement that the European Commission had joined the U.S. Department of Justice and the Korean and Japanese Fair Trade Commissions in probing possible cartel behavior in the industry.

The lawsuits, most of which have been lodged in the U.S. District Court for the Northern...
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