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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
04/28/201607:28:28Report of Foreign Issuer (6-k)
04/06/201606:09:11Report of Foreign Issuer (6-k)
04/01/201603:08:00AU Optronics Corp. Files 2015 Annual Report on Form 20-F
03/31/201607:24:26Report of Foreign Issuer (6-k)
03/28/201606:57:19Report of Foreign Issuer (6-k)
03/24/201606:13:32Report of Foreign Issuer (6-k)
03/22/201606:11:31Report of Foreign Issuer (6-k)
03/21/201607:03:20Report of Foreign Issuer (6-k)
03/21/201606:07:55Annual and Transition Report (foreign Private Issuer) (20-f)
03/11/201606:17:19Report of Foreign Issuer (6-k)
03/10/201610:33:17Amended Statement of Ownership (sc 13g/a)
03/10/201606:44:56Report of Foreign Issuer (6-k)
03/04/201606:09:04Report of Foreign Issuer (6-k)
02/01/201606:13:49Report of Foreign Issuer (6-k)
01/28/201615:46:57Statement of Ownership (sc 13g)
01/25/201606:08:06Report of Foreign Issuer (6-k)
01/05/201606:07:03Report of Foreign Issuer (6-k)
12/29/201503:43:00AUO Reveals Three Major Goals of "AUO Water 2020 - Water Resource...
12/09/201506:10:42Report of Foreign Issuer (6-k)
11/19/201506:06:18Report of Foreign Issuer (6-k)

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