Jury Awards LCD Buyers $87M In Toshiba Price-Fixing Trial

Law360, New York (July 3, 2012, 4:29 PM EDT) -- A San Francisco jury on Tuesday found Toshiba Corp. liable for $87 million in damages to two groups of direct liquid crystal display purchasers for conspiring with other LCD makers to fix prices of the flat-screen panels.

Less than a week after the parties wrapped up the trial, the jury agreed with the plaintiffs that Toshiba had participated in the price-fixing plot, estimating damages of $17 million for a class of plaintiffs who had bought panels directly from the company and assigning another $70 million to...
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