This class action lawsuit alleges agreements among certain manufacturers to raise or stabilize the prices for aluminum, tantalum, and film capacitors. To date, the firm has reached settlements with various defendants totaling $439,550,000.
A first phase settlement total of $32.6 million in cash and secure agreements was reached against Defendants: Fujitsu Limited; NEC TOKIN Corporation and NEC TOKIN America, Inc.; Nitsuko Electronics Corporation; Okaya Electric Industries Co., Ltd. and Okaya Electric America, Inc.; and ROHM Co., Ltd. and ROHM Semiconductor USA, Inc. Settlement funds have been fully distributed.
A second phase all-cash fund of $66.9 million has been established for settlements reached against Defendants Hitachi Chemical and Soshin. The Court has approved these settlements, and distribution of funds is pending the Court’s authorization.
The Court has approved a third phase of settlements with Defendants Nichicon and Rubycon, creating an additional all-cash fund of $108 million plus potential further payments of contingent funds. Distribution of these funds is also pending.
On November 6, the Court approved a fourth phase of settlements, totaling $232,050,000 with Defendants AVX, Elna, Holy Stone, Kemet, Panasonic, Shinyei, Shizuki, and Taitsu.
For further information, please see the firm’s Capacitors case information page, press coverage of the most recent case settlements, and the In Re Capacitors Antitrust Lawsuit settlement website.