Zelle Hofmann Attorneys Announce Largest All-Cash Indirect-Purchaser Consumer Settlements in LCD Antitrust Case
PR Web |
Under the settlements, consumers and businesses in 25 states that bought certain LCD TVs, laptop computers, and computer monitors from 1999 to 2006 will be eligible to receive a cash payment. The seven settling defendants will also agree to an injunction prohibiting them from engaging in further anticompetitive conduct in the market for LCD panels used in TVs, laptop computers, and computer monitors. Additionally, the settling defendants will provide assistance to the indirect purchasers as they prepare for trial against the three remaining defendants, scheduled for
The settlements are the result of an innovative process that included the participation of the attorneys general from eight states that also have cases pending against the same defendants. The settling defendants, who are among the world’s largest makers of LCD panels, will pay amounts ranging from just over
In addition to Senior Partner Francis Scarpulla, Zelle Hofmann attorneys working on the matter include Senior Partner
About Zelle Hofmann:
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