This class action was filed in 2007 by direct purchasers of LCD panels and related products in the United States.
Toshiba has consistently maintained that there was no illegal activity on its part in the LCD business in the United States, and Toshiba continues to hold that view. While Toshiba appreciates the jury's time and effort, Toshiba believes that the jury's verdict is in error as to the finding of wrongdoing on Toshiba's part. Toshiba plans to pursue all available legal avenues to correct that finding.
At this time, Toshiba does not plan to revise projections for fiscal 2012 business performance due to this matter.
Lages & Associates
Tel.: (949) 453-8080
SOURCE Toshiba America Electronic Components, Inc.
|Toshiba America Electronic Components, Inc.
Rebecca Bueno, Toshiba America Electronic Components, Inc.