LG, Chunghwa Picture Tubes execs to serve jail time for LCD price fixing conspiracy
Posted in: Law, legal, LG, pricing, Today's Chili
LG and Chunghwa Picture Tubes already confessed to being involved in a scandalous LCD price fixing conspiracy, and now the US Department of Justice is laying down the hammer on four of the dirty-handed executives. Chang Suk Chung (LG), Chieng-Hon “Frank” Lin (Chunghwa), Chih-Chun “C.C.” Liu (Chunghwa) and Hsueh-Lung “Brian” Lee (Chunghwa) have all entered plea agreements which will see them serving a “term of imprisonment” as well as paying a criminal fine and assisting the US government in its ongoing TFT-LCD investigation. ‘Course, those pleas must all be approved by the court, but it’s pretty safe to say these fellows will be spending a least a moment or two behind steel bars. Fun, fun.
[Via DigitalTrends]
Filed under: Displays, HDTV, Home Entertainment
LG, Chunghwa Picture Tubes execs to serve jail time for LCD price fixing conspiracy originally appeared on Engadget on Tue, 20 Jan 2009 05:05:00 EST. Please see our terms for use of feeds.
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