Chimei Inks Initial Deal In Retailers' LCD Price-Fixing Case

Law360, New York (May 21, 2013, 5:56 PM EDT) -- Target Corp., Sears Roebuck and Co. and several other retailers in multidistrict litigation accusing a slew of electronics makers of fixing the price of liquid crystal display panels said Tuesday that they had reached a preliminary deal with Chimei Innolux Corp. to settle the dispute.

Target, Sears, Kmart Corp., RadioShack Corp., Newegg Inc., Jaco Electronics Inc., Rockwell Automation Inc., ViewSonic Corp. and others have reached an agreement in principle to settle with the Chimei defendants in the wide-ranging multidistrict antitrust litigation, according to a letter they...
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