LG Display Co. LPL +5.08% agreed to pay the largest sum among defendants to settle a U.S. case in which it and numerous other manufacturers were accused of price fixing in the liquid crystal display market.
LG Display was one of three defendants that agreed to settle Wednesday the class-action case before the U.S. District Court, Northern District of California, San Francisco Division, according to court documents. LG, which is the world's second-largest producer of LCD displays by sales after Samsung Electronics Co., agreed to pay $380 million in damages, including civil penalties to state governments of $19 million.
AU Optronics Corp. AUO +5.65% and Toshiba Corp. 6588.TO +1.97% had also agreed to settle, at sums of $170 million and $21 million, respectively....
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