Ex-Chungwa Exec Indicted In CRT Conspiracy

By Mike Cherney

Law360, New York (August 19, 2009, 4:08 PM ET) -- A Taiwanese former top executive at Chungwa Picture Tubes has been indicted on charges of conspiracy to fix prices, reduce output and allocate market shares of color display tubes, a type of cathode ray tube used in computer monitors, the U.S. Department of Justice said Wednesday.

The indictment against Tony Cheng was filed late Tuesday in the U.S. District Court for the Northern District of California. Cheng is charged with violating the Sherman Act, which carries a maximum penalty of 10 years in prison and a...
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