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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
05/04/201506:50:59Report of Foreign Issuer (6-k)
05/01/201516:58:14AU Optronics Corp Receives "Buy" Rating from Zacks (AUO)
04/30/201515:52:26AU Optronics Corp Receives "Buy" Rating from Zacks (AUO)
04/28/201509:10:31Report of Foreign Issuer (6-k)
04/23/201506:02:40Report of Foreign Issuer (6-k)
04/13/201509:25:05Uni-Pixel's Commercialization Runs Into A Brick Wall
04/12/201504:13:00AU Optronics Corp. Is A Bargain While Most Stocks Are Selling...
04/09/201506:32:31Report of Foreign Issuer (6-k)
04/09/201502:47:17Taiwan Further Tightens Water Supply Amid Drought
04/07/201506:43:50Report of Foreign Issuer (6-k)
03/25/201506:06:19Report of Foreign Issuer (6-k)
03/24/201506:32:05Report of Foreign Issuer (6-k)
03/24/201506:10:04Annual and Transition Report (foreign Private Issuer) (20-f)
03/17/201508:02:01Report of Foreign Issuer (6-k)
03/10/201507:46:19Flat Panel TVs, Online Games And Uber: 3 Cheap Foreign Stocks
03/09/201506:07:02Report of Foreign Issuer (6-k)
02/24/201506:06:37Report of Foreign Issuer (6-k)
02/17/201506:05:51Report of Foreign Issuer (6-k)
02/12/201506:04:37Report of Foreign Issuer (6-k)
02/11/201506:04:39Report of Foreign Issuer (6-k)

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