Epson Denied Coverage For Slew Of LCD Price-Fixing Suits

Law360, New York (July 19, 2013, 5:54 PM EDT) -- A California federal judge ruled Friday that a Seiko Epson Corp. unit accused in multidistrict litigation of price-fixing with other liquid crystal display panel makers is not covered under a policy with Tokio Marine & Nichido Fire Insurance Co. Ltd., saying its alleged cover-up does not constitute advertising.

Epson Electronics America Inc. filed suit against Tokio in September, seeking coverage for its defense against a dozen underlying suits in a sprawling multidistrict case over the alleged antitrust conspiracy. The company said plaintiffs in those cases were...
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