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 $439.55 million.
A first-round 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-round 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 has been completed.
The Court has approved a third round of settlements with defendants Nichicon and Rubycon, creating an additional all-cash fund of $108 million. Distribution of these funds has been completed.
On November 6, 2021, the Court approved a fourth phase of settlements, totaling $232.05 million with defendants AVX, Elna, Holy Stone, Kemet, Panasonic, Shinyei, Shizuki, and Taitsu. Distribution of these funds has been completed.
In December 2021, after trial, an additional round of settlements was reached totaling $160 million with capacitors maker Nippon Chemi-Con and its U.S. subsidiary. Mid trial, defendant Matsuo Electric Co. Ltd. also agreed to a $5 million settlement with the class.
In the summer of 2022, the settlement will be finalized as will any additional claims.
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 direct purchaser settlement website.