Lithium battery class action
Several class action lawsuits have been filed against lithium-ion battery manufacturers1234. The lawsuits allege that the companies conspired to fix, raise, maintain or stabilize the prices of lithium-ion batteries, resulting in higher prices for consumers1234. The companies involved in the lawsuits include Sony, LG, Panasonic, Sanyo, Hitachi, Maxell, Samsung and Toshiba1. Settlements have been reached in some of the lawsuits, including a $64.45 million settlement and a $19.5 million settlement53.
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4 FAQs about [Lithium battery class action]
Who is bringing a lithium ion batteries class action?
This Lithium Ion Batteries Class Action is brought by the law firms of Siskinds LLP, Sotos LLP, Camp Fiorante Matthews Mogerman LLP and Belleau Lapointe. This website has been established to provide general information related to the proposed settlement of the case referred to as Lithium Ion Batteries Price Fixing Class Action.
What is a Li-ion battery lawsuit?
What is the case about? The lawsuit alleges that defendants and co-conspirators conspired to raise and fix the prices of cylindrical li-ion cells for more than ten years, resulting in overcharges to indirect purchasers of portable computers, camcorders, and power tools containing li-ion cylindrical batteries.
When will class members get paid for a lithium-ion battery lawsuit?
Class members should begin receiving their payments for the Lithium-Ion Batteries Antitrust Litigation in the coming weeks. On November 16, 2022, the Ninth Circuit Court of Appeals rejected the one objection related to the $113 million in settlements.
Will the Supreme Court review the lithium-ion batteries antitrust lawsuit?
On November 16, 2022, the Ninth Circuit Court of Appeals rejected one objection related to the $113 million in settlements obtained in the Lithium-Ion Batteries Antitrust Litigation. The objector has until February 14, 2023 to file a petition asking the Supreme Court to review this decision.
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