5th Circuit: State's Lawsuit Alleging LCD Price Fixing Qualifies As Mass Action

NEW ORLEANS - A lawsuit filed by the State of Mississippi against liquid crystal display (LCD) panel manufacturers and distributors accusing them of engaging in a conspiracy to fix prices for LCD panels qualifies as a "mass action" under the Class Action Fairness Act (CAFA) and belongs in federal court, the Fifth Circuit U.S. Court of Appeals ruled Nov. 21 (State of Mississippi, ex rel Jim Hood, Attorney General v. AU Optronics Corporation, et al., No. 12-60704, 5th Cir.; 2012 U.S. App. LEXIS 24096).Full story on lexis.com