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Lieff Cabraser is one of the nation's leading personal injury law firms representing clients nationwide in personal injury lawsuits involving dangerous drugs, medical devices, and other products.

 
News Article Excerpt
  
November 27, 2007
New York Times, "Lawsuit Charges CRT Makers With Price-Fixing"
A class-action lawsuit was filed against six monitor manufacturers on Tuesday, alleging the companies of being a "global cartel" involved in price-fixing of CRT monitors. The lawsuit, filed in the U.S. District Court for the Northern District of California on behalf of Nathan Muchnick Inc., alleges that six manufacturers Chunghwa, LG Electronics, Matsushita, Philips Electronics, Samsung and Toshiba artificially inflated the prices of CRT products to remain stable despite a rapid decline in demand.

The prices of CRT monitors should have fallen as technologically superior products were introduced, said Joseph Saveri, a lawyer with Lieff Cabraser Heimann & Bernstein LLP, which represents Muchnick. "Instead, for almost a decade, we have seen periods of unnatural and sustained price stability, as well as inexplicable increases in the prices of CRTs," Saveri said.

The complaint alleges collusive behavior by the manufacturers, causing the plaintiff and direct purchasers to overpay for CRT monitors. The suit seeks triple damages.

Learn more about the CRT antitrust litigation.
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About Lieff Cabraser
Lieff Cabraser Heimann & Bernstein, LLP is a fifty-plus attorney law firm that has represented plaintiffs nationwide since 1972. We have offices in San Francisco, New York and Nashville. We represent plaintiffs in class and group actions and in individual lawsuits in cases involving substantial losses. For the last five years, the National Law Journal has selected Lieff Cabraser as one of the top plaintiffs' law firms in the nation.
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Notice: Lieff Cabraser attorneys provide legal advice and practice law for clients in federal district courts throughout the United States and in state courts where we are licensed to practice. In states in which our lawyers are not licensed to practice, we have affiliations with local attorneys who serve as co-counsel with our firm. Please read our disclaimer.
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