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LCD Makers Agree To Pay $539M In Price-Fix Settlement
Seven major manufacturers of thin-film liquid crystal display (“LCD”) panels used in laptop computers, monitors and televisions agreed to pay $538.6 million to settle antitrust claims brought by indirect purchasers. The indirect purchaser plaintiffs allege that the defendant companies fixed prices of LCD panels, artificially inflating prices for purchasers of televisions, notebook computers and monitors from 1999 to 2006. The law firm of Andrus Anderson LLP is among counsel of record for the indirect purchaser plaintiffs in the case, which is currently pending before the Honorable Susan Illston in the Northern District of California. “The settlement will not only go to compensate consumers who paid more than they would have for these product in a competitive marketplace, but will also go a long way to prevent future price-fixing schemes in the electronics industry,” commented Andrus Anderson partner, Jennie Lee Anderson. The attorneys general of several states, including California, Michigan, Florida and New York, are also part of the settlement agreements with the manufacturers. The indirect purchase plaintiffs’ motion for preliminary approval of the settlement was filed on December 23, 2011 and is currently pending before the court. Andrus Anderson represents consumers and small businesses in a variety of antitrust and unfair competition matters. For more information or to report unfair or anticompetitive activity, contact us to speak to an attorney.
Andrus Anderson LLP Partners Take Leadership Roles At The American Association for Justice
Lori E. Andrus and Jennie Lee Anderson attended the American Association for Justice Annual Convention in New York City, July 9-12, 2011. In furtherance of their efforts in and outside of the courtroom to advance the interests of their clients, including injured consumers, employees and small business owners across the United States, Ms. Andrus and Ms. Anderson were both elected to presigious leadership positions this year. Ms. Andrus was elected First Vice Chair of the Women’s Trial Lawyer Caucus. Ms. Anderson is the incoming Co-Chair of the organization’s Class Action Litigation Group.
Andrus Anderson LLP Partner to Speak at Women Antitrust Plaintiffs’ Attorneys Conference
Andrus Anderson LLP Partner, Jennie Lee Anderson, will participate in the Women Antitrust Plaintiffs’ Attorneys conference in Minneapolis on October 14-15, 2010. Ms. Anderson will be on a panel entitled “Thinking About Trial From Day One”. The conference will feature invaluable networking opportunities and presentations by some of the top antitrust attorneys in the country on issues such as preparing for trial, using electronically stored information at trial and how to best use experts at trial. Members of the Women Antitrust Plaintiffs’ Attorneys are women who specialize and focus their legal practice on representing businesses and consumers who have been injured by cartels or other anticompetitive business activities.