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Wed, Jul 11 2012 Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Rolling Stones at 50 Half a century has passed since the Stones first live gig. Slideshow Potato's ancient home The ancestral home of the potato is in the Andes mountain region of South America. Slideshow LG to pay $380 million to settle display panel price-fixing case Tweet Share this Email Print Related News LG, Toshiba, AUO to settle display panel price-fixing case Wed, Jul 11 2012 Judge steps away from Facebook privacy lawsuit Wed, Jul 11 2012 Toshiba hit with $87 million verdict on LCD prices Tue, Jul 3 2012 Samsung loses bid to lift ban on U.S. tablet sales Tue, Jul 3 2012 GlaxoSmithKline settles healthcare fraud case for $3 billion Mon, Jul 2 2012 Analysis & Opinion Porn copyright troll targets strike back in new class action Fee request in BofA case is ammo for plaintiffs’ critics Related Topics Tech » By Dan Levine SAN FRANCISCO | Thu Jul 12, 2012 8:48pm EDT SAN FRANCISCO (Reuters) - South Korea's LG Electronics Inc (066570.KS) has agreed to pay $380 million to resolve a civil lawsuit over price fixing in the liquid crystal display market, the largest amount paid among the ten companies who similarly settled the litigation, a court filing showed on Thursday. A class action lawsuit alleged a detailed conspiracy from the late 1990s through 2006 to fix LCD prices, resulting in higher costs for buyers of televisions, laptops and other electronics. Several companies also pleaded guilty to separate criminal charges and paid fines. An attorney for the plaintiffs on Wednesday disclosed a settlement involving LG, AU Optronics Corp (2409.TW) and Toshiba Corp. According to Thursday's court filing, AU Optronics will pay $170 million, while Toshiba will pay $21 million. U.S. District Judge Susan Illston in San Francisco will have to approve the deal. AUO representative Freda Lee said the settlement should not cause material impact to the company's finance or business in the current or future reporting periods. Toshiba spokeswoman Deborah Chalmers said the company "denies any wrongdoing on its part in the LCD business, and it entered into the settlement to avoid further expense and the distraction of protracted litigation." An LG representative could not be reached. A deal involving the other seven companies, including Samsung, Sharp and Hitachi, had previously been approved. If the latest deal becomes final, the total recovery for class members will top $1 billion, according to the court filing. The case in U.S. District Court, Northern District of California is In Re: TFT-LCD (Flat Panel) Antitrust Litigation, 07-md-1827. (Reporting by Dan Levine; Editing by Clarence Fernandez) Tech Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. 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