This proposed class action relates to alleged price fixing of Liquid Crystal Display (“LCD”) Panels used primarily in televisions and monitors. The LCD Third Amended Writ of Summons was filed in the Supreme Court of British Columbia, Vancouver Registry No. S071569 on November 16, 2011.
Parallel actions were filed in Ontario, Fanshawe College v. LG Phillips Co., Ltd. et al, Ontario Superior Court of Justice, Court File No. 54054 CP and in Quebec, Communication Méga-Sat Inc., Cour Supérieure (District de Québec), No. 200-06-000082-076. CFM is working in cooperation with co-counsel in these jurisdictions to prosecute the claims on a national basis.
In May 2011, the Ontario action was certified as a class proceeding. The certified class includes persons in Canada who purchased LCD Panels and/or LCD Products from the defendants or their related entities, named OEMs or named distributors. In November 2011, the defendants were granted leave to appeal the certification order. The appeal was dismissed by the Ontario Divisional Court on December 24, 2015.
A settlement agreement was reached with the defendants LG Display Co., Ltd., LG Philips LCD Co., Ltd., LG Display America, Inc. and LG Philips LCD America, Inc. (collectively “LG”) for the sum of $21,200,000 in exchange for a full release of claims against them and their related entities, relating to the LCD Proceedings. LG has agreed to provide cooperation to the plaintiffs in pursuing the LCD Proceedings against the remaining defendants. The settlement represents a resolution of disputed claims. LG does not admit any wrongdoing or liability.
A settlement agreement was reached with the defendant HannStar Display Corporation (“HannStar”) for the sum of $2,050,000 in exchange for a full release of claims against it and its related entities, relating to the LCD Proceedings. HannStar has agreed to provide cooperation to the plaintiffs in pursuing the LCD Proceedings against the remaining defendants. The settlement represents a resolution of disputed claims. HannStar does not admit any wrongdoing or liability.
Class Counsel will also be seeking approval of a protocol for the distribution of the Toshiba, AUO, LG and HannStar settlement funds (plus interest and less a holdback for litigation costs, approved fees and expenses).
The LG and HannStar settlement agreements are subject to court approval. Hearings to approve these settlements agreements will be held in Ontario (Toronto Courthouse) on March 24, 2017 at 2:30 p.m. PST/11:30 a.m. EST and in Quebec on April 11, 2017 at 4:00 p.m. PST/1:00 p.m EST. The settlement approval application in British Columbia will follow in writing.
For details of the settlement and settlement approval hearings, see the following documents:
Anyone wishing to object to this settlement must send their objection to class counsel listed in the Long Form Notices no later than March 20, 2017.
The first round of the claims process is closed. Filed claims have been processed, and settlement funds were distributed in December 2015.
If you would like to register for updates or to get notice of the chance to claim on the distribution of any future settlements, please click here.
On May 11, 2009 a settlement agreement was reached with the defendant Chunghwa Picture Tubes Ltd. for the sum of CDN$2,023,000 and cooperation with the plaintiffs in the continued prosecution of the litigation.
On August 2, 2011 a settlement was reached with Epson Imaging Devices Corporation (“Espon”) (formerly known as Sanyo Epson Imaging Devices Corporation) for the sum of CDN$1,200,000 and cooperation with the plaintiffs in the continued prosecution of the of the litigation.
On April 29, 2013 a settlement agreement was reached with Samsung Electronics Co., Ltd. and Samsung Electronics Canada Inc. (collectively “Samsung”) for the sum of CDN$21,250,000 and cooperation to the Canadian plaintiffs in the continued prosecution of the litigation.
On September 10, 2013 a settlement agreement was reached with the defendant Japan Displays Inc. (successor to Hitachi Displays, Ltd.) (“JDI”) on its behalf and on behalf of Hitachi Ltd., Hitachi Canada, Ltd., Hitachi America Ltd., Hitachi Electronics Devices (USA) Inc. for the sum of CDN$3,150,000 and cooperation to the Canadian plaintiffs in the continued prosecution of the litigation.
On September 5, 2013 a settlement agreement was reached the defendant Innolux Corporation (successor to Chi Mei Optoelectronics Corporation) for the sum of CDN$10,000,00 and cooperation to the Canadian plaintiffs in the continued prosecution of the litigation (the “CMO/Innolux Setttlement Agreement”) The CMO/Innolux Settlement Agreement also releases claims against Chi Mei Corporation, Chi Mei Optoelectronics USA, Inc., Chi Mei Optoelectronics Japan Co., Ltd., Nexgen Mediatech, Inc., and Nexgen Mediatech USA, Inc.
For more information please contact Linnae Roach, Paralegal at (604) 331-9523 or by email at firstname.lastname@example.org.
Notice – LCD Class Action - View