LG Display Settles With 8 States, Consumers In LCD MDL

Law360, New York (April 30, 2012, 7:39 PM EDT) -- LG Display Co. Ltd. has become the last company to settle with a class of indirect purchasers in California multidistrict litigation accusing it of fixing prices for liquid crystal display screens, it said in a regulatory filing Monday that also announced a settlement with eight states.

Less than a year after settling with the direct purchaser class, the LCD maker told the U.S. Securities and Exchange Commission that it had reached a settlement-in-principle with both the indirect purchaser plaintiffs and the state attorneys general of Arkansas,...
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