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Tag Archives: price fixing

States settle with manufacturers in DRAM price-fixing case

JACKSON — Consumers can now file claims to recover money due to court preliminary approval of multi-state settlements worth $310 million with all the major manufacturers of dynamic random access memory (DRAM) computer chips for conspiring to fix their prices, according to Attorney General Jim Hood. All settling states, including Mississippi, will have access to the $310 million for consumer ...

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Justices: LCD price-fixing case can be heard in state court

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 ...

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U.S. Supreme Court settles on venue for LCD price fixing litigation

JACKSON- The U.S. Supreme Court agreed recently to hear a case originating in Mississippi that could determine where future consumer protection litigation is heard. Attorney General Jim Hood sued in 2011 manufacturers of liquid crystal display screens, accusing them of price-fixing from April 2001 to December 2006. He accused the companies of forcing consumers to pay too much for their ...

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Court to rule whether state can sue LCD screen maker

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 ...

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Federal appeals panel to weigh LCD price-fixing lawsuit

NEW ORLEANS — A federal appeals panel will decide whether a Mississippi or federal court has jurisdiction over a lawsuit alleging price fixing by manufacturers of liquid crystal display screens. A panel of the 5th U.S. Circuit Court of Appeals has scheduled oral argument in New Orleans for Oct. 5. Mississippi Attorney General Jim Hood sued several major suppliers of ...

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State wins drug-pricing lawsuit against Sandoz

JACKSON — Mississippi Attorney General Jim Hood says the state has been awarded $38.2 million in a Medicaid drug-pricing lawsuit. Hood says a judge found that a pharmaceutical company, Sandoz Inc., inflated the average wholesale prices for its generic drugs. In a news release yesterday, Hood says the inflated number caused Mississippi Medicaid to lose money by paying pharmacies too ...

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Furniture makers allege price-fixing scheme

ABERDEEN — Five North Mississippi furniture manufactures have sued over what they claim was a price-fixing conspiracy involving foam products. The lawsuit was filed March 11 in U.S. District Court in Aberdeen. The plaintiffs are H.M. Richard Inc., Foamco Sales Inc., Prime Designs Inc., Legends Inc. and Houston Foam Fabricators Inc. The lawsuit, which gives only one side of the ...

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