AUO, Toshiba Settle Consumer Claims In LCD MDL

Law360, New York (April 25, 2012, 8:19 PM EDT) -- AU Optronics Corp. and Toshiba Corp. have reached settlements with the indirect purchasers accusing them of fixing prices for liquid crystal display screens, remaining defendant LG Display Co. Ltd. said in a filing Wednesday reviving a dispute over how to structure the class action trial.

Both Toshiba and AUO have settled the indirect purchaser plaintiffs' claims "in the past several days ... as the court is aware," LG wrote in a motion seeking separate trials for the direct purchaser and indirect purchaser cases.

Neither settlement has...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.