Lithium Ion Battery - Direct Purchaser Antitrust Litigation

Did You Purchase One Or More Lithium Ion Batteries Or Lithium Ion Battery Products Directly From A Manufacturer Between January 1, 2000 And May 31, 2011?

You may be eligible to receive a substantial payment from a Settlement.

Background Information

From at least March 1, 2000 through May 31, 2011, Plaintiffs allege that Defendants engaged in a massive conspiracy to fix, raise, stabilize and maintain the prices of Lithium Ion Batteries in the United States. This conspiracy also artificially raised the prices of Lithium Ion Battery Products in the United States.

Defendants collectively controlled between 73% and 95% of the worldwide market for Lithium Ion batteries during the class period. The manufacture and sale of Lithium Ion batteries was approximately a $9.3 billion industry as of 2011 and is predicted to continue growing.

Settlement Total
$68,850,000
Settlement Total
Eligible Purchase Dates
1/2/01 - through 5/31/15
Eligible Purchase Dates
Deadline
TBD
Deadline

Settlement Information


Filing Deadline: TBD


Direct Purchaser Class+

All persons and entities who, between January 1, 2000 and at least May 31, 2011, directly purchased a Lithium Ion Battery or Lithium Ion Battery Product in the United States directly from any defendant or any subsidiary or affiliate thereof, or any co-conspirator. Excluded from the class are defendants; their parent companies, subsidiaries, and affiliates, any co-conspirators, all governmental entities, and any judges or justices assigned to hear any aspect of this action.


Defendants+

A & T Battery Corporation GS Yuasa Corporation Hitachi Maxell, Ltd.; LG Chem, Ltd.; LG Chem America, Inc.; Maxell Corporation of America NEC Corporation; NEC Tokin Corporation; Panasonic Corporation; fka Matsushita Electric Industrial Co., Ltd; Panasonic Corporation of North America; fka Matsushita Electric Corporation of America; Samsung SDI Co., Ltd.; Samsung SDI America, Inc.; Sanyo Electric Co., Ltd. Sanyo North America Corp. Sony Corporation; Sony Energy Devices Corporation Sony Electronics, Inc.; Toshiba Corporation; Toshiba America Electronic Components, Inc. (TAEC)


Settlement Details+

$19,000,000
Sony Corporation, Sony Energy Devices Corporation and Sony Electronics Inc., collectively known as "Sony"
$3,450,000
Maxell
$1,000,000
NEC
$42,500,000
Panasonic
$2,900,000
Toshiba


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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