Chi Mei Settles Electrograph LCD Price-Fixing Case

Law360, New York (June 20, 2011, 4:31 PM EDT) -- Chi Mei Corp. on Monday finalized a settlement in a California suit brought by Electrograph Systems Inc. alleging a major price-fixing conspiracy in the liquid crystal display panel industry.

The deal, approved by U.S. District Judge Susan Y. Illston, will see both companies bear their own costs. Counsel for the parties — which filed a joint motion for dismissal June 14 — could not immediately be reached for comment Monday.

New York-based Electrograph contends Epson Imaging Devices Corp., Sharp Corp., Hitachi Ltd., Chi Mei and others...
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