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Case ID: 4693 | Consumer Products | 03/08/2006
Samsung Electronics Co. and Hynix Semiconductor Inc., both Korean-based computer chip manufacturers, have settled lawsuits filed over both companies' fixing of computer memory chip prices. Last year the chipmakers were ordered by the U.S. Justice Department to pay $300 million and $182 million in fines, respectively, for their roles in price-fixing activities.
Samsung already allocated $100 million in 2004 and $200 million in 2005 to pay the $300 million fine imposed by the Justice Department. "We had to set aside an additional $67 million to cover consumer damage claims filed with the U.S. Federal Court," stated a Samsung official. " At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Consumer Products Cases of Interest The parties have reached a settlement valued at $34 million in a class action filed against Microsoft Corporation on behalf of consumers who, between January 3, 1996, and December 31, 2002, resided in Massachusetts and indirectly purchased Microsoft operating system, productivity suite, spreadsheet, or word processing software for use in Massachusetts. The action alleged that Microsoft violated Massachusetts’ antitrust and unfair competition laws by illegitimately using its monopoly power. Persons eligible to take part in the settlement may contact attorneys for the class for more information. A class action has been filed against Leviton Manufacturing Company, Inc. on behalf of West Virginia residents whose homes have an allegedly unsafe type of electrical outlet--a back plug-in outlet--manufactured by Leviton in violation of state consumer safety laws. The action seeks unspecified compensatory damages.
A class action lawsuit has been filed in the Southern District Court of Florida against Dinosaur Tire & Performance Center, Inc. The case involves violations of the Fair Labor Standards Act. No additional information about the substance of the allegations is available at this time. Classactionamerica.com will monitor this case and provide additional details as soon as they become available. Federal antitrust law allows triple punitive damages against entities that are found guilty of unlawfully tampering with the free enterprise system. 63 different class actions have been filed against automotive paint manufacturers on behalf of all persons and businesses purchased automotive paint from January 1, 1993 to at least December 31, 2000. The action alleges that the companies conspired together in violation of U.S. antitrust laws to fix automotive paint prices across the U.S. Eleven homeowners along the Delaware River filed a class action lawsuit against PPL Corporation over the massive coal ash spill in August of 2005. The lawsuit was filed in Pennsylvania's Commonwealth Court, and claims that PPL was "negligent, reckless and created a public nuisance following the massive failure of a 40-acre settling basin at the power company's Martins Creek plant over three days at the end of August."
A New Jersey court approved a groundbreaking settlement in a class action lawsuit against Verizon New Jersey, Inc. The lawsuit alleged that Verizon continued to bill customers for circuits that no longer existed. The settlement agreement provides significant benefits to Verizon customers throughout New Jersey. |
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