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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 -Dow Jones Newswires; 212-416-2900

Stock News for Au Optronics (AUO)
11/19/201506:06:18Report of Foreign Issuer (6-k)
10/27/201506:07:45Report of Foreign Issuer (6-k)
10/21/201521:14:47Dividend Yield 5%, P/E 4.3: Buy AU Optronics
10/15/201506:07:30Report of Foreign Issuer (6-k)
10/07/201507:04:25Report of Foreign Issuer (6-k)
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09/25/201506:04:01Report of Foreign Issuer (6-k)
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09/09/201506:06:33Report of Foreign Issuer (6-k)
09/08/201506:50:00Report of Foreign Issuer (6-k)
09/02/201506:07:00Report of Foreign Issuer (6-k)
09/01/201506:10:52Report of Foreign Issuer (6-k)
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)

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