Samsung Reaches Settlement In SanDisk Memory Antitrust Suit

Law360, New York (November 13, 2012, 2:51 PM EST) -- Samsung Electronics Co. Ltd. on Friday resolved allegations raised by a proposed consumer class that it participated in a conspiracy with SanDisk Corp. and other technology giants to fix prices on flash memory through unlawful patent licensing deals and other misconduct, announcing a settlement agreement in California federal court.

In a stipulation for dismissal, Samsung, subsidiary Samsung Semiconductors Inc. and a group of dozens of indirect purchasers said that they had reached a confidential settlement ending allegations that Samsung colluded with computer memory giant SanDisk and...
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