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Litigation

Jul. 10, 2012

Direct purchasers settle with defendant in price-fixing case

A set of plaintiffs in a long-running antitrust class action on Friday filed a motion to approve a $38 million settlement with AU Optronics Corp.

By Saul Sugarman
Daily Journal Staff Writer

A set of plaintiffs in a long-running antitrust class action on Friday filed a motion to approve a $38 million settlement with AU Optronics Corp., a Taiwan-based company accused of conspiring to fix prices of its LCD panels from 1998 to 2006. The proposed settlement was filed by attorneys representing direct purchasers, or customers who bought the technology directly from AUO. If approved, the total settlements revealed so far for ...

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