Samsung Finalizes Guilty Plea In Tube Cartel Case

Law360, San Francisco (May 17, 2011, 10:05 PM EDT) -- A California federal judge accepted Samsung SDI Co. Ltd.'s guilty plea Tuesday in a case alleging a global conspiracy to fix prices on color display tubes used in computer monitors, the first such deal resulting from the government's cartel investigation.

Gary Halling of Sheppard Mullin Richter & Hampton LLP told U.S. District Judge William Alsup — who had previously refused to greenlight a $32 million criminal fine the company proposed paying to resolve the litigation — that Samsung had submitted a revised plea agreement and was...
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