Cisco, Aptiv Drop Challenge To Capacitor Antitrust Settlement
Law360 (April 30, 2019, 11:22 PM EDT) -- 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.
The Silicon Valley titan and the Ireland-based car parts maker said they had agreed to rely on a court-appointed special master to resolve their disputes over two rounds of settlements in sprawling multidistrict litigation over alleged price fixing by manufacturers like Hitachi Chemical Co. and Soshin Electric Co.
In exchange, the other direct purchaser plaintiffs agreed to withdraw subpoenas seeking to depose Cisco and Aptiv.
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!