Toshiba Resolves Sony Units' LCD Price-Fixing Suit

Law360, New York (July 3, 2013, 1:24 PM EDT) -- Two Sony Corp. units have agreed to drop Toshiba Corp. from part of a multidistrict litigation over alleged price-fixing on liquid crystal display panels, according to a filing Tuesday in California federal court.

In a joint stipulation, Sony Electronics Inc. and Sony Computer Entertainment America LLC agreed to dismiss claims against Toshiba and several affiliates in a suit alleging that Toshiba and other LCD manufacturers conspired to fix prices on the panels. The stipulated dismissal, which requires court approval, would only impact the Sony units' case...
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