Lawsuit whirligig: Spansion and Kodak sue Samsung, LG sued only by Kodak

Read - Kodak sues Samsung / LG
Read - Samsung's reply to lawsuits
Read - Spansion sues Samsung
Posts with tag legal

Allegations of LCD price-fixing have been swirling around for years now, and it looks like at least some of the companies involved have dirt on their hands -- LG, Sharp and Chunghwa Picture Tubes have all just pled guilty to price-fixing in a case filed by the US Department of Justice and will pay a combined $585m fine. LG's taking the biggest hit at $400m for conspiring to fix prices from September 2001 to June 2006, while Sharp's on the hook for $120m for jacking prices on panels sold to Dell, Motorola and Apple during the same time frame. Naughty, naughty. It also sounds like this plea agreement is more than just a sterile attempt to cut losses -- Sharp's exec staff is taking a 10 to 30 percent pay cut for three months as punishment to reassure its shareholders. Sounds like a plan -- how about refunding some of that cash to us chumps out here buying your overpriced products?
We told you it wasn't over, and now, that once "manageable" $73 million payment could possibly balloon to upwards of $1.2 billion. As predicted, the prior suit -- which was held in a California state court -- has led to a far reaching class-action lawsuit that could "potentially cost the company as much as $1.2 billion." The suit alleges that the $150 to $200 fees violated the Federal Communications Act and laws in every state of the country, and when summed from 1999 to 2008, they total a magical $1.2 billion. Things aren't looking great for Sprint on this one either, as lawyer Scott Bursor is running the show. Who's he? Just a guy who was involved in getting Verizon to fork over $21 million for the same thing earlier this year.
AMD's breakup into two separate companies is certain to have wide-ranging impact in the industry, and unsurprisingly, Intel's among the first to react -- it's warning that it has "serious questions about this transaction" as it relates to its patent cross-licensing agreement with AMD and that it'll "vigorously protect" its intellectual property rights. That's about as aggro a patent attorney can get without coming to your house and peeing on the lawn (or, uh, filing a lawsuit), so we'll see how this shakes out -- for its part, AMD says that it's taken the deal into account, and that it'll "continue respecting Intel's intellectual property rights, just as we expect them to respect ours." That's a respect throwdown, right there -- you gonna take that, Intel?
Though one may assume Governor Arnold Schwarzenegger would have, um, more pressing matters on his hands these days, the man has somehow found time to address a complaint put forth by a-many travelin' Californians. Just this week Mr. Schwarzenegger signed into law a bill that was put forth earlier this year that will legalize windshield GPS mounting once more. Granted, stipulations are present, but at least you won't be forced to point your retinas down at the cup holders in order to see your navigation system after January 1, 2009. In the new year, drivers in the Golden State will be able to suction their GPS unit in the "lower 7-inch corner farthest away from the driver or in the lower 5-inch corner closest to the driver." If you go pressing your luck and throw it smack dab in the middle, be prepared for whatever fine you're due.
Way back in December of 2006, NVIDIA and AMD were both pegged for potential price fixing, and nearly two years later it seems it'll finally be paying the piper. A settlement agreement is detailed in a recently filed 8-K form, which asserts that NVIDIA would pay $850,000 into a total fund of up to $1.7 million, with AMD / ATI probably left to make up the rest. Of note, the 8-K filing does mention that all of this is still "subject to court approval," but it's likely that the green light will eventually be given. Outside of that, we're also informed that NVIDIA will be handing over $112,500 to the individual plaintiffs who brought the case to court. Well, we're glad that's settled.









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