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Litigation

Oct. 5, 2012

Philips Electronics settles LCD price-fixing lawsuit

Electronics maker Koninklijke Philips Electronics N.V. has settled with several plaintiffs in ongoing cases alleging price fixing of liquid crystal display panels.

By Saul Sugarman
Daily Journal Staff Writer

Netherlands-based electronics maker Koninklijke Philips Electronics N.V. and its North American affiliate has settled with several plaintiffs in ongoing cases alleging price fixing of liquid crystal display panels. Company spokesman Mark Stephenson said Wednesday that Philips has settled with a group of plaintiffs, including Target Corp., Sears Roebuck and Co., Kmart Corp., Old Comp Inc., Good Guys Inc., RadioShack Corp. and Newegg...

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