AUO, LG Display, Toshiba Will Settle LCD Case, Lawyer Say
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AU Optronics Corp., LG Display Co. and Toshiba Corp. agreed to pay $543.5 million to resolve allegations they conspired to fix prices of flat-screen panels used in televisions and computer monitors.
Money from the settlement will be available to consumers in 24 states who overpaid for electronics because of the alleged price-fixing, said San Francisco attorney Joseph Alioto, co-lead counsel representing screen purchasers suing the companies.