Capacitors Indirect Purchaser Litigation Antitrust Litigation

Did you purchase Capacitors between January 1, 2002 and July 15, 2016? You may be eligible to receive a substantial payment from a Settlement.

Indirect purchases may be those considered made from a distributor or other third party

Settlement Total
$80,500,000
Settlement Total
Eligible Purchase Dates
1/1/02 - through 2/28/14
Eligible Purchase Dates
Deadline

0

days
Deadline

Background Information

The plaintiffs are alleging that the defendants had conspired to fix, maintain or stabilize prices for both tantalum and aluminum capacitors. These include tantalum capacitors and aluminum electrolytic capacitors (Capacitor Products) sold in the United States. Capacitors are passive electronic components which are used to store electricity and release it on demand. Capacitors are incorporated into almost every electronic device, including audio/video equipment, telecommunication equipment, computers and automobile electronics.

Settlement Information


Filing Deadline: March 23, 2020


Settlements to Date+

Hitachi            $14,000,000

Holystone       $2,000,000

NEC Tokin       $13,250,000

NCC/UCC        $13,500,000

Nitsuko           $800,000

Okaya             $900,000

Rubycon         $4,500,000

Soshin             $3,900,000

ELNA               $2,250,000.00

Matsuo           $2,500,000.00

Nichicon        $2,500,000.00

Panasonic      $21,500,000.00

SANYO          $4,700,000.00


Settlement Classes+

Settlement Class for all Settlement Agreements

  • All persons and entities in the United States who, during the period from April 1, 2002, through February 28, 2014, purchased one or more Electrolytic Capacitor(s) from a distributor (or from an entity other than a Defendant) that a Defendant or alleged co-conspirator manufactured.


Second Settlement Class Included in the Panasonic Settlement Agreement

  • All persons and entities in the United States who, during the period from January 1, 2002, through February 28, 2014, purchased one or more Film Capacitor(s) from a distributor (or from an entity other than a Defendant) that a Defendant or alleged co-conspirator manufactured.


  • Excluded from the foregoing Classes are Defendants, their parent companies, subsidiaries, and Affiliates, any co-conspirators, Defendants’ attorneys in this case, federal government entities and instrumentalities, states and their subdivisions, all judges assigned to the case, all jurors in the case, and all persons and entities who directly purchased Capacitors from a Defendant.




Qualifying Products+

Capacitors store electric charges between one or more pairs of conductors separated by an insulator and are present in most electronic products. 

  • Electrolytic, Aluminum Tantalum and/or Film Capacitors are covered by this lawsuit. 
  • Industries that may have purchased qualifying products or could be affected by these settlements are those such as information and telecommunications, audiovisual, and electronic games companies. 


Defendants+

  • Hitachi Chemical Co., Ltd.
  • Hitachi Aic Inc
  • Hitachi Chemical Co. America, Ltd.
  • Soshin Electric Co., Ltd.  
  • Soshin Electronics Of America, Inc. 
  • Rubycon Corp.  
  • Rubycon America, Inc. 
  • Holy Stone Enterprise Co., Ltd.
  • Holy Stone Holdings Co., Ltd.
  • Holy Stone Polytech Co., Ltd.
  • Milestone Global Technology, Inc
  • Nippon Chemi-Con Corp.  
  • United Chemi-Con, Inc. 
  • NEC TOKIN Corp.  
  • NEC TOKIN America, Inc.
  • Okaya Electric Industries Co., Ltd. 
  • Nitsuko Electronics Corporation
  • Elna Co., Ltd.
  • Elna America Inc.
  • Hitachi Chemical Co., Ltd.
  • Hitachi ChemicalCo. America
  • Hitachi AIC Inc., Ltd.
  • Matsuo Electric Co., Ltd.
  • Nichicon Corp.
  • Nippon Chemi-Con Corp.
  • United ChemiCon,Inc.
  • Matsuo Electric Co., Ltd.
  • Nichicon Corp.
  • Nichicon America Corp.
  • Nissei Electric Co., Ltd. (non-settling Defendant)
  • Panasonic Corp.
  • Panasonic Corp. of North America
  • Rubycon Corp., Rubycon America Inc.
  • SANYO Electric Co., Ltd.
  • SANYO ElectronicDevice (U.S.A.) Corp.
  • Shinyei Technology Co., Ltd. (non-settling Defendant)
  • Soshin Electric Co., Ltd.
  • Taitsu Corp. (non-settling Defendant)
  • Toshin Kogyo Co., Ltd. (non-settling Defendant) 



Eligible States+

Alabama
Arizona
Arkansas
California
District of Columbia
Florida
Hawaii
Illinois
Iowa
Kansas
Maine
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Mexico
New York
North Carolina
North Dakota
Oregon
Rhode Island
South Carolina
South Dakota
Tennessee
Utah
Vermont
West Virginia
Wisconsin


Disclaimer

Client is aware that claim forms are not yet available from the Class Administrator. When claim forms do become available, class members are not required to sign up with any third-party service in order to participate in the monetary relief, buy may instead file their claim directly with the Class Administrator. No-cost assistance will be available from the Class Administrator and Class Counsel during the claims-filing period. For additional information, class members may visit the official court approved website for this case when available.

 

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