Court to rule whether state can sue LCD screen maker
by Associated Press
Published: May 28,2013
WASHINGTON — The Supreme Court will consider whether the state of Mississippi can bring a state-level lawsuit in a global LCD screen price-fixing conspiracy.
The justices today agreed to hear an appeal from state officials in their lawsuit against AU Optronics Corp. A federal jury last year found the company guilty of price-fixing on its liquid crystal display screens. Mississippi also wanted to sue in state court.
But the 5th U.S. Circuit Court of Appeals refused to send that lawsuit back, instead allowing it to stay in federal courts. Four other states, however, have been allowed to bring state-level lawsuits against the Taiwan company.
Several companies from Japan, Korea and Taiwan were accused of fixing prices for thin film transistor LCD panels from 1999 to 2006.
To sign up for Mississippi Business Daily Updates, click here.
Twang & Tourism: The Country Music Trail
Still planning that summer vacation?
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- Study: Mississippi has highest sales tax rate in U.S.
- Mississippi State makes NSF ranking of research universities
- Tallahatchie General’s listing on auditor’s ‘watchline’ an image set back, CEO says
- Chris McDaniel responds to radio show audio clip
- Panther Creek megasite — Putting a value proposition out there
- TVA president/CEO Johnson tours Techumseh, Yokohama plants
- Kelly Boutwell added, Jason Word promoted at MEC
- Ex-city worker arrested on false pretense charge
- Cotton to take center stage during MSU summit
- BRENT CHRISTENSEN — Entrepreneurs: A vital fuel for Mississippi’s Economy