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HP Settles With NEC, Toshiba, Samsung In Disk Drive MDL

Law360, San Jose (October 31, 2017, 9:54 PM EDT) -- Hewlett-Packard Co. reached settlements with NEC Corp., Samsung Electronics Co. Ltd. and Toshiba Corp. to drop its claims in multidistrict antitrust litigation alleging the companies conspired to fix prices for optical disk drives, according to documents filed in California federal court on Tuesday.

Stipulations of dismissal filed by the parties on Tuesday in the U.S. District Court for the Northern District of California disclose no terms of the settlements, other than to say under the agreements reached, each party bears its own costs and attorneys’ fees....
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