Lead Counsel In LCD Litigation
Posted on Jul 13, 2007 12:00am PDT
On July 13, 2007, United States District Court Judge Susan Illston appointed
Pearson, Simon & Warshaw, LLP partner Bruce L. Simon as interim co-lead
counsel for all direct purchaser plaintiffs in the coordinated antitrust
class actions against the makers of liquid crystal display ("LCD")
products. Plaintiffs allege that between 2001 and the present, defendants
engaged in a conspiracy to fix the prices of LCD products sold in the
United States. Worldwide, the sale of LCD products is a $69 billion industry,
and many believe that this case is the largest price fixing case pending
in the country. Pearson, Simon & Warshaw, LLP was selected from a
group of distinguished antitrust firms who applied for the position. As
interim co-lead counsel,Pearson, Simon & Warshaw, LLP will be responsible
for supervising the direct purchaser plaintiffs' prosecution of the
case and coordinating their efforts with the Department of Justice's
ongoing criminal investigation. For a copy of the Court's Order appointing
Pearson, Simon & Warshaw, LLP as lead counsel, please
click here.
If you would like to contact PS&W about this case, please
contact us.