Miss. Says $540M LCD Price-Fixing Deal Leaves It In Lurch

Law360, New York (May 17, 2012, 9:47 PM EDT) -- The state of Mississippi on Wednesday asked a California federal judge to modify a proposed $539 million settlement in multidistrict litigation involving allegations of price-fixing by major electronics manufacturers, claiming the settlement impermissibly bars ongoing litigation in state court.

Mississippi Attorney General Jim Hood argued in a motion to intervene that a proposed final approval order that adopts a settlement with Samsung Electronics Co. Ltd., Sharp Corp. and five other electronics giants contains a provision that would prohibit him from pursuing a separate lawsuit pending in...
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