AUO Blasts DOJ's Bid For $1B Fine In LCD Price-Fixing Case

Law360, New York (September 18, 2012, 6:30 PM EDT) -- AU Optronics Corp. on Monday harshly criticized the government's request for a $1 billion fine over the company's role in a sprawling conspiracy to fix prices for liquid crystal display panels, ripping the prosecution for its "shrill hyperbole."

Responding to a strongly worded sentencing memorandum in which the U.S. Department of Justice said the company and its executives deserve no leniency when they are sentenced this Thursday, AUO said the proposed fine was vastly more than any other company had ever paid for violating the Sherman...
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