Target, Kmart Settle LCD Screen Row With Chunghwa

Law360, New York (July 2, 2013, 7:09 PM EDT) -- Retailers including Target Corp. and Kmart Corp. have settled their row in multidistrict litigation over Chunghwa Picture Tubes Ltd.'s role in an alleged price-fixing conspiracy by liquid-crystal display panel manufacturers.

In a stipulation filed in California federal court, the plaintiffs in the so-called Target litigation said they agreed to drop their case against the Taiwanese firm. The terms of the settlement are confidential, according to the stipulation.

The plaintiffs in the litigation also include retailers Sears Roebuck & Co., RadioShack Corp. and Newegg Inc., according to...
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