Judge Grants $34M In Atty Fees For Battery Price-Fixing MDL
Law360 (December 11, 2020, 9:46 PM EST) -- A California federal judge has granted roughly $34 million in fees for class counsel who secured more than $113 million in settlements on behalf of indirect buyers accusing Sony and several others of conspiring to fix the price of lithium-ion batteries.
U.S. District Judge Yvonne Gonzalez Rogers' move on Thursday came after conducting a "complete reanalysis" of the attorneys' renewed bid for the award after the Ninth Circuit last year vacated her earlier approval.
The multidistrict litigation, which dates to 2013, accuses battery sellers — including Hitachi Maxell Ltd., Sony Corp., LG Chem America, Toshiba Corp. and NEC Corp. — of...
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