Lithium Ion Battery Products Indirect Purchaser Antitrust Settlement

Overview

Plaintiffs allege that the Defendants (see below) conspired to fix, raise and maintain prices of Lithium Ion Battery Products sold in the United States. Lithium Ion Batteries are cylindrical, prismatic, or polymer batteries that are rechargeable and use lithium ion technology. Lithium ion batteries are found in laptop, notebook and tablet computers, cellular phones, smart phones, digital audio players, digital cameras and camcorders, mobile wireless handsets, power tools and other consumer electronics.

Filing Deadline

Not Yet Established

Class

All persons who, during the period from and including January 1, 2000 through May 31, 2011, purchased in the United States for their own use and not for resale from an entity (such as a distributor, retailer or reseller) other than an MDL Defendant a Lithium Ion Battery or Lithium Ion Battery Pack manufactured by an MDL Defendant or alleged co-conspirator, or a Finished Product containing a Lithium Ion Battery or Lithium Ion Battery Pack manufactured by an MDL Defendant or alleged co-conspirator. Excluded from this Class are the MDL Defendants their parents, subsidiaries and affiliates, and any judge, justice, or judicial officer presiding over this matter and the members of her or his immediate families and judicial staff (Nationwide class under California law, Injunctive relief under Federal and California law).

Defendants

  • LG Chem, Ltd.
  • LG Chem America, Inc.
  • Samsung SDI Co., Ltd.
  • Samsung SDI America, Inc.
  • Panasonic Corporation
  • Panasonic Corporation of North America
  • Sanyo Electric Co., Ltd.
  • Sanyo GS Soft Energy Co., Ltd.
  • Sanyo North America Corporation
  • GS Yuasa Corporation
  • Sony Corporation
  • Sony Energy Devices Corporation
  • Sony Electronics, Inc.
  • Hitachi Maxell, Ltd.
  • Maxell Corporation of America
  • NEC Corporation
  • NEC Tokin Corporation
  • Toshiba Corporation
  • Toshiba America Electronic Components, Inc.

 

Settlements: $19.5 Million (Incomplete)

Sony Corporation $19.5 million

 

Questions?

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