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AU Optronics CEO Barred From Leaving US In LCD Probe -Reuters

DOW JONES NEWSWIRES The chief executive of liquid-crystal-display maker AU Optronics Corp. (AUO, 2409.TW) has been barred by a federal judge in San Francisco from leaving the U.S. as Justice Department officials pursue price-fixing allegations against the Taiwanese company, Reuters reports Friday. A grand jury indicted CEO Lai-Juh Chen in June for allegedly fixing prices of thin-film LCD panels, which are used in numerous electronic devices. The court ordered him to surrender his passport. The Justice Department has accused AU Optronics executives of being part of a group of industry officials who met regularly at hotels and restaurants in Taiwan to discuss and agree on prices, from 2001 to 2006. Six companies have pleaded guilty in the subsequent probe: Taiwan's Chimei Innolux Corp. (3481.TW) and Chunghwa Picture Tubes Ltd. (2475.TW); South Korea's LG Display Co. (LPL); and Japan's Sharp Corp. (6753.TO), Epson Imaging Devices and Hitachi Displays. Full story at http://www.reuters.com/article/idUSN2020230220100820 -Dow Jones Newswires; 212-416-2900

Stock News for Au Optronics (AUO)
DateTimeHeadline
08/26/201506:55:32Report of Foreign Issuer (6-k)
08/25/201503:13:00AUO Unveils Numerous Slim, Light & Power-saving Displays for...
08/25/201502:57:00AUO Launches New Lineup of ALCD TV Panels at Touch Taiwan 2015
08/18/201506:05:39Report of Foreign Issuer (6-k)
08/10/201507:05:12Report of Foreign Issuer (6-k)
08/05/201506:07:46Report of Foreign Issuer (6-k)
07/31/201506:19:58Report of Foreign Issuer (6-k)
07/30/201507:38:16Report of Foreign Issuer (6-k)
07/09/201518:20:03Why LG Display Co Ltd. Fell 11.6% in June
07/06/201506:12:00Report of Foreign Issuer (6-k)
06/21/201519:40:13Proceedings / Highlights From The Law Blog
06/05/201506:05:22Report of Foreign Issuer (6-k)
06/02/201509:08:08Report of Foreign Issuer (6-k)
06/01/201504:19:00AUO's UHD 4K Smartphone Display to Debut at SID Display Week
05/28/201506:17:47Specialized Disclosure Report (sd)
05/22/201506:17:44Report of Foreign Issuer (6-k)
05/13/201507:26:17Report of Foreign Issuer (6-k)
05/12/201506:25:18Report of Foreign Issuer (6-k)
05/11/201506:47:40Report of Foreign Issuer (6-k)
05/04/201506:50:59Report of Foreign Issuer (6-k)

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