Battery Antitrust Claims Against Toshiba Not Time-Barred
Law360, Washington (March 17, 2016, 9:07 PM EDT) -- A California federal judge on Wednesday denied Toshiba’s request to be removed from multidistrict litigation accusing the company and others of fixing lithium ion battery prices, saying Toshiba may have had a role in the alleged conspiracy despite no longer controlling a lithium manufacturing business.
U.S. District Judge Yvonne Gonzalez Rogers rejected Toshiba Corp.’s argument that the 2004 sale of its lithium ion manufacturing business time-barred the claims against it. It is unclear how involved Toshiba remained in the alleged conspiracy to control battery prices after the sale, Judge Gonzalez Rogers said in rejecting the company’s motion for summary judgment, but...
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