Judge Won't Stay LCD MDL Over Arbitration Pacts

Law360, Washington (May 11, 2011, 3:43 PM EDT) -- A California federal judge on Monday turned aside arguments by Sharp Corp. and other defendants in the thin film transistor liquid crystal display panel price-fixing multidistrict litigation that the case should be stayed, dismissed or transferred because some plaintiffs allegedly ignored arbitration agreements.

The multidistrict litigation alleges that a slew of TFT-LCD manufacturers — including Sharp Corp. and Hitachi Ltd. — participated in a scheme from Jan. 1, 1996, until Dec. 11, 2006, to artificially inflate prices in violation of the Sherman Act and several state...
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