Costco Can't Prove Losses From LCD Sales, Judge Says

Law360, New York (September 24, 2012, 4:07 PM EDT) -- A California federal judge on Saturday struck down Costco Wholesale Corp.'s bid to recover lost sales from several electronics makers embroiled in multidistrict price-fixing litigation over liquid crystal display screens, finding the retailer couldn't adequately prove its proposed damages. 

U.S. District Judge Susan Illston handed a win to seven electronics companies — HannStar Display Corp., AU Optronics Corp., Chimei Innolux Corp., Epson Imaging Devices Corp., Hitachi Ltd., LG Display Co. Ltd. and Chunghwa Picture Tubes Ltd. — after they asked for partial summary judgment. The judge...
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