Toshiba Loses Price-Fixing Verdict
Toshiba was found guilty by a jury this week of price-fixing with its rivals in the LCD TV manufacturing business. But the company said in a statement that it maintains its innocence in the matter.
"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," the company said in a statement.
"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."