Liberty Law, along with numerous other nation-wide law firms represented consumers who filed lawsuits that claim the Defendants conspired to fix, raise, maintain or stabilize prices of TFT-LCD Flat Panels resulting in overcharges to consumers who bought TVs, monitors or notebook computers containing the Flat Panels. The Defendants deny Plaintiffs’ allegations or that indirect purchasers suffered any overcharge.
On July 11, 2012, the Court approved Settlements totaling over $538 Million with Defendants Chimei, Chunghwa, Epson, HannStar, Hitachi, Samsung and Sharp. There are three new Settlements totaling $543.5 Million with AU Optronics, LG Display and Toshiba. The Court granted preliminary approval for the new Settlements on July 31, 2012. The total amount of all 10 Settlements is $1,082,055,647.
To see more on the story and to learn of criminal convictions, watch this video of local news coverage.