Jaco's LCD Price-Fixing Suit Stays Alive

Law360, New York (April 18, 2012, 12:31 PM EDT) -- Jaco Electronics Inc.'s lawsuit against NEC Corp. and other liquid crystal display panel makers moved forward Tuesday after a California federal judge overseeing multidistrict litigation over an alleged massive LCD price-fixing conspiracy found the suit’s antitrust claims plausible.

U.S. District Judge Susan Illston denied NEC’s motion to dismiss Jaco’s complaint, part of the MDL, alleging that in violation of the Sherman Act, NEC conspired with others to fix prices on LCD products.

Judge Illston said the court in February had rejected NEC’s bid to dismiss a...
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