Justices: LCD price-fixing case can be heard in state court
Published: January 14,2014
WASHINGTON — The Supreme Court has ruled unanimously that Mississippi can pursue claims of price-fixing against a manufacturer of LCD screens in state court.
The justices today reversed a lower court ruling that blocked the state-court suit against AU Optronics Corp.
Justice Sonia Sotomayor, writing for the court, said the New Orleans-based 5th U.S. Circuit Court of Appeals was wrong to order that the case be tried in federal court.
The issue was whether the federal Class Action Fairness Act, aimed at taking class-action lawsuits from consumer-friendly state courts to more business-friendly federal courts, also applied to cases filed by a state on behalf of its residents.
Taiwan-based AU Optronics is one of several Asian companies sued for fixing prices for thin film transistor liquid-crystal display panels from 1999 to 2006.
To sign up for Mississippi Business Daily Updates, click here.
Mississippi Economic Council
Mississippi Chambers of Commerce
Mississippi State Legislature
Mississippi Development Authority
Mississippi Economic Development Council
North Mississippi News
Social Security Disability Lawyer
Auto Accidents Lawyer
Top Posts & Pages
- Ingalls to lease former SRHS clinic in Gautier for employee medical center
- Shale oil: market correction or longterm direction?
- Miss. surgeon sentenced in tax evasion case
- Aluminum company rumored for Columbus: 'clock' is for website, not plant site
- WRESTLING SUCCESS — Ted DiBiase Jr. leaves ring to become entrepreneur
- Williams Brothers General Store is something to count on
- Hyatt-Place is Columbus’ newest hotel option
- Pearl ordering rental properties to retrofit with sprinklers, build storm shelters
- Two new casinos like the odds on Mississippi Gulf Coast