Idaho Supreme Court Hears Micron Price-fixing Case
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REBECCA BOONE
BOISE, Idaho (AP) — The Idaho Supreme Court heard arguments Friday on whether a shareholder's lawsuit against Micron Technology Inc.'s board of directors should be allowed to proceed.
The lawsuit, brought by Scott Orrock on behalf of the company, contends that Micron CEO, President and Chairman Steven Appleton and several members of the board participated in a price-fixing scheme starting in 2000, and that the board failed to correct the behavior or hold anyone responsible for years.
Micron, a Boise-based major producer of computer chips, has faced legal problems over allegations that it worked with other companies to fix the price of dynamic random-access memory chips, or DRAM. ...
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