LCD Buyers Say Toshiba Owes $87M Despite Paid-Up Award

Law360, New York (July 26, 2012, 8:58 PM EDT) -- A class of liquid crystal display buyers pushed Wednesday to protect its $87 million price-fixing verdict against Toshiba Corp., arguing that the electronics maker hadn't proved it could use the $443 million other defendants have already paid in settlements to offset the entire jury award.

Shortly after the verdict came down in early July, Toshiba began arguing that it shouldn't have to pay out anything to the direct purchaser plaintiffs because the damages they have already recovered from AU Optronics Corp., LG Display Co. Ltd. and...
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