Judge Narrows Jaco's Targets In LCD Price-Fixing Case

Law360, Los Angeles (February 22, 2012, 3:35 PM EST) -- A California federal judge on Wednesday refined Jaco Electronics Inc.'s antitrust claims in multidistrict litigation against a slew of liquid crystal display panel makers, clarifying that Jaco is only allowed to recover damages from entities directly involved in the massive price-fixing conspiracy.

U.S. District Judge Susan Illston accepted arguments by Sanyo Consumer Electronics Co. Ltd., Toshiba Corp., Hannstar Display Corp. and others that Jaco's Sherman Act claim was worded in such a way that it could have allowed the company to unlawfully recover damages based on...
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