April 29, 2025
Groups of buyers in long-running litigation over an alleged conspiracy to fix cathode ray tube prices asked a California federal court for $3.7 billion in damages after a default judgment against Chinese electronics company Irico Group for failing to preserve evidence.
November 18, 2024
A California federal court will enter a default judgment against Irico Group on claims that could total $2 billion in damages in long-running litigation over an alleged conspiracy to fix cathode ray tube prices after finding the Chinese electronics company failed to preserve evidence.
June 14, 2024
Irico Group and a subsidiary on Thursday opposed a special masters report recommending the Chinese electronics companies should be on the hook for over $2 billion in default judgment in litigation alleging they participated in a cathode ray tube price-fixing conspiracy, telling a California federal court the remedy is "drastic" and unwarranted.
May 16, 2024
Years of lies should put a pair of Chinese electronics companies on the hook for over $2 billion in default judgment, a special master told a California federal judge, adding that their yearslong no-show and disregard of U.S. counsel advice to retain documents have rendered a fair trial "impossible."
May 26, 2023
Two attorneys have been slapped with sanctions after a California federal judge said they dropped the ball by naming LG Electronics in a cathode ray tube price-fixing suit when it had already settled and then failing to drop it as a defendant for weeks after being informed of the mistake.
August 19, 2022
Consumers asked a California federal judge Thursday to preliminarily approve Mitsubishi Electric Corp.'s $33 million deal to resolve certified class claims in yearsold antitrust multidistrict litigation alleging that the Japanese company and others conspired to fix the prices of cathode ray tubes, which were found in televisions and computer monitors.
August 03, 2022
A California judge has granted certification to a class of direct purchasers who bought cathode ray tubes from the China-based company Irico and a handful of other companies accused of fixing prices.
February 01, 2022
Puerto Rico lost its chance to go after Samsung and a handful of other companies for conspiring to fix the price of cathode ray tubes after a California federal judge tossed its suit with prejudice for being riddled with deficiencies.
August 28, 2020
A California federal judge has refused to allow two coalitions of indirect buyers of cathode ray tubes to derail the approval of more than $500 million worth of price-fixing settlements, asserting he "has now pointed out more than once" that the objectors were excluded from the settlement class and therefore lacked standing to contest the deals.
July 31, 2020
Indirect buyers of cathode ray tubes and the electronics makers who reached roughly $521 million in price-fixing settlements told a California federal judge that two group of objectors are trying to derail the deal to put leverage on the manufacturers.