LCD (Liquid Crystal Display)

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.

Settlements with Sharp Corporation

A settlement agreement was reached with the defendant, Sharp Corporation, for the sum of $7,600,000 in exchange for a full release of claims against them and their related entities, Sharp Electronics Corporation and Sharp Electronics of Canada Ltd., relating to the LCD Proceedings. The settlement represents a resolution of disputed claims. Sharp does not admit any wrongdoing or liability.

The Sharp settlement agreement and proposed third distribution protocol are subject to approval by British Columbia, Ontario and Quebec Courts.

COURT APPROVED SETTLEMENTS

LG Settlement

On November 3, 2016 a settlement agreement was reached with LG Display Co., Ltd., LG Phillips LCD Co., Ltd., LG Display America, Inc. and LG Phillips LCD America, Inc. (collectively “LG”) for the sum of $21,200,000.00 and cooperation with the plaintiffs in the continued prosecution of the litigation.

• LCD BCSC Order approving settlement with LG

HannStar Display Corporation Settlement

On February 7, 2017 a settlement agreement was reached with HannStar Display Corporation for the sum of $2,050,000.00 and cooperation with the plaintiffs in the continued prosecution of the litigation.

• LCD BCSC Order approving settlement with HannStar Display Corporation

AU Optronics Corporation Settlement

On May 17, 2016, a settlement agreement was reach with AU Optronics Corporation and AU Optronics Corporation America for the sum of USD$8,680,000 and cooperation with the plaintiffs in the continued prosecution of this litigation.

Toshiba Corporation Settlement

On May 12, 2016, a settlement agreement was reach with Toshiba Corporation, on behalf of itself and Toshiba Mobile Display Co., Ltd. (formerly known as Toshiba Matsushita Display Technology Co. Ltd. and subsequently known as Japan Display Central Inc. and now part of Japan Display Inc.), Toshiba America Inc., and Toshiba of Canada Limited for the sum of USD$2,150,000 and cooperation with the plaintiffs in the continued prosecution of this litigation.

Chunghwa Picture Tubes Ltd Settlement

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.

• LCD BCSC Order approving settlement with Chunghwa Picture Tubes Ltd.

Epson Imaging Devises Corporation Settlement

On August 2, 2011 a settlement was reached with Epson Imaging Devices Corporation (“Epson”) (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.

• LCD BCSC Order approving settlement with Epson Imaging Devices Corporation.

Samsung Settlement

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.

• LCD BCSC Order approving settlement with Samsung.

Japan Displays, Inc. Settlement Japan Displays, Inc. (successor to Hitachi Displays, Ltd.)

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.

• LCD BCSC Order approving settlement with Japan Displays Inc.

Innolux Corporation Settlement Innolux Corporation (successor to Chi Mei Optoelectronics Corporation)

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.

• LCD BCSC Order approving settlement with Innolux Corporation

For more information please contact Linnae Roach, Paralegal at (604) 331-9523 or by email at [email protected].

LCD (Liquid Crystal Display) - Status Updates:

LCD Class Action – Second Distribution of Settlement Funds to Class Members - View

LCD Price-Fixing Class Action Settlements - View

Notice – LCD Class Action - View