Pearson, Simon, Warshaw & Penny LLP ("PSW&P") is currently prosecuting an antitrust class action against a number of leading manufacturers of Transistor Liquid Crystal Displays (LCD). The manufacture and sale of LCD technology is a multibillion dollar a year industry, and LCDs are used in televisions, computer monitors, notebook computers, cellular phones, automobile navigation systems, and other commonly used electronic devices. The lawsuit alleges that Defendants - which include multinational electronics conglomerates LG Philips, Samsung Electronics, Sharp Electronics, Toshiba Corporation, and Panasonic Corporation - conspired to fix prices of LCD prices in the United States. PSW&P filed this lawsuit on behalf of the direct purchasers of LCD products and it is currently pending the Northern District of California.

On July 13, 2007, United States District Court Judge Susan Illston appointed PSW&P as interim co-lead counsel for all direct purchaser plaintiffs in the coordinated antitrust class actions against the makers of LCD products.

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