March 02, 2020
Taitsu Corp. on Monday announced a deal with a class of direct capacitor buyers to end price-fixing claims following a series of recent settlements with Panasonic and others that have totaled more than $200 million, leaving four companies in multidistrict litigation to face a jury trial that begins this week.
January 07, 2020
Direct purchasers have moved for preliminary approval of a $63 million settlement bundle with electronics companies Kemet Corp. and Shizuki Electric Co. Inc. in the fourth round of deals to come out of price-fixing multidistrict litigation in California federal court against capacitor manufacturers.
October 30, 2019
A group of international capacitor manufacturers has urged a California federal judge to decertify a class of purchasers who have alleged a conspiracy to raise the price of electronic capacitors, telling the court that nearly half the class did not suffer an injury.
August 13, 2019
A California federal judge gave the preliminary green light to a nearly $31 million deal that will allow several capacitor manufacturers, including Panasonic and Sanyo, to settle claims that they schemed with their competitors to hike up the price of the electrical part.
June 17, 2019
More than a dozen overseas capacitor manufacturers are looking to toss direct buyers' claims that the companies plotted for years to boost the price of the electrical part, arguing the estimated 1,800-member purchaser class can't prove the alleged conspiracy affected each buyer the same way.
April 30, 2019
Cisco Systems Inc. and Aptiv Services U.S. LLC have dropped objections lodged in April in California federal court against a proposed settlement between direct purchasers of capacitors and Japanese manufacturers accused of price fixing.
April 16, 2019
Cisco Systems Inc. and Aptiv Services U.S. LLC urged a California federal court on Monday to reject a proposed settlement between direct purchasers of capacitors and Japanese manufacturers accused of price-fixing, calling the deal "unfair, unreasonable and inadequate."
February 11, 2019
Cisco Systems Inc. and Aptiv Services U.S. LLC have asked a California federal court to grant them $192 million and $199 million, respectively, from a settlement between direct purchasers of capacitors and the Japanese manufacturers accused of price-fixing, fighting arguments from class counsel that the pair should get less.
December 19, 2018
Two Japanese capacitor makers have agreed to shell out $108 million with an additional $12 million contingency to settle claims by a direct buyer class in sprawling multidistrict litigation alleging that dozens of overseas manufacturers plotted to boost the price of the electronic component over the course of a decade.
October 30, 2018
A group of indirect buyers of electronic capacitors has asked a California federal judge to give tentative approval to a $21.5 million antitrust settlement with a Japanese manufacturer accused of plotting to fix prices for the parts.