Panasonic Plasma TV Class Action Turned Off

Law360, Washington (July 21, 2011, 7:06 PM EDT) -- A New Jersey federal judge on Thursday tossed a putative class action alleging Panasonic Corp.'s Viera plasma televisions made in 2008 and 2009 do not retain their picture quality over the long haul, but left the plaintiffs 30 days to replead their claims.

According to the plaintiffs, Panasonic falsely advertised its plasma TVs as having industry-leading black levels and contrast ratios, and failed to disclose to consumers that the color detail, depth and tone start to degrade quickly after less than 400 hours. The defect and...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.