Optical Disc Drive Conspirators to Pay $37 Million for Fixing Prices
Including $15 million for Philips, $9 million for Samsung, $6 million for Sony, $4 million for Pioneer
This is a Press Release edited by StorageNewsletter.com on December 18, 2015 at 2:47 pmTo read this article from Courthouse, click on:
Disk Drive Conspirators Will Pay $37 Million
Seven disk drive sellers will pay $37 million to settle claims they conspired to fix the prices of optical disk drives from 2004 to 2009. The $37-million settlement package includes $15 million from Koninklijke Philips; $9.2 million from Samsung; $6 million from Sony; $4.2 million from Pioneer; $1.32 million from TEAC; $875,000 from BenQ; and $400,000 from Quanta Storage. Class members entitled to receive a portion of the $37 million settlement include any person or entity that bought at least one disk drive from the companies from Jan. 1, 2004 to Jan. 1, 2010.
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