Brief: Teac and Teac America to pay $0.4 mln for settlement of lawsuit with Ingram Micro and Synnex

TEAC

16/08/2016 02:51

Aug 16 (Reuters) - Teac Corp  6803.T  : 
     
    * Says the co and co's US-based unit Teac America Inc 
reached settlement of lawsuit filed by two U.S.-based companies, 
Ingram Micro and Synnex, regarding the price cartel of optical 
disk drive 
    * Says it will pay totaling $385,000 as settlement 
    
    Source text in Japanese: https://goo.gl/mO0NQi 
    Further company coverage: 6803.T  
 
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