IN RE CAPACITORS ANTITRUST LITIGATION

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Case overview

Case Number:

3:14-cv-03264

Court:

California Northern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Class Action

Judge:

James Donato

Firms

Companies

Sectors & Industries:

  1. March 07, 2023

    Attys Get $66M In Fees For Capacitor Maker Antitrust Deal

    A California federal judge on Monday awarded attorneys $66 million in fees for their work securing a $165 million settlement from Nippon Chemi-Con and its U.S. subsidiary in a price-fixing suit, finding the fee request to be "fair and reasonable" given the complexity of the litigation.

  2. June 24, 2022

    Attys Seek $66M Fee In $160M Capacitor Maker Antitrust Deal

    Attorneys for a class of direct purchasers of capacitors asked a California federal court Thursday to approve $66 million in fees as a part of a proposed settlement in which Nippon Chemi-Con and its U.S. subsidiary would pay $160 million to end antitrust claims.

  3. December 15, 2021

    Capacitor Makers To Pay $160M To End Price-Fixing Trial

    Capacitor maker Nippon Chemi-Con and its U.S. subsidiary agreed to pay $160 million to end antitrust claims just before closing arguments in a California federal trial, class counsel said Wednesday.

  4. December 14, 2021

    Nippon Chemi-Con Strikes Deal Ahead Of Price-Fix Closings

    Capacitor maker Nippon Chemi-Con and its U.S. subsidiary reached a settlement with direct purchasers Tuesday just ahead of closing arguments in a California federal antitrust trial in which 1,800 U.S. companies alleged they were overcharged $427 million in a decadelong global conspiracy to fix prices for the electronic part.

  5. December 13, 2021

    Capacitor Antitrust Plaintiffs Nix Defense Damages Estimate

    A California federal judge said Monday that he'll strike testimony by Nippon Chemi-Con's expert witness that damages for a decadelong capacitor price-fixing conspiracy don't exceed $66 million, saying that specific figure — far below plaintiffs' claimed $427 million in damages — doesn't appear in the expert's report.

  6. December 09, 2021

    $427M Damages Bid In Capacitor Trial 'Nonsensical,' Jury Told

    Capacitor maker Nippon Chemi-Con's expert witness slammed the $427 million in estimated damages sought by a class of U.S. companies overcharged during a decadelong global conspiracy to fix capacitor prices, telling a California federal jury Thursday that she estimates the total overcharges to be just $66 million.

  7. December 08, 2021

    Nippon Chemi-Con's Ex-CEO Takes The Fifth In Price-Fix Trial

    The ex-CEO of capacitor manufacturer Nippon Chemi-Con Corp. invoked his Fifth Amendment right in declining to answer questions about his involvement in a decadelong global conspiracy to fix capacitor prices, a California federal jury heard in a video deposition played Wednesday in a trial over claims U.S. companies overpaid $427 million for the devices.

  8. December 07, 2021

    Economic Pressures Drove Capacitor Price-Fixing, Jury Told

    A parade of industry insiders and an expert witness testified in a California federal antitrust trial Tuesday about the economic factors behind a decade-long global conspiracy to fix capacitor prices that U.S. direct purchasers claim led to $427 million in overcharges, telling jurors that the industry was under increasing pressure from rising costs and falling demand.

  9. December 03, 2021

    Matsuo Agrees To Midtrial Capacitor Antitrust Payout Of $5M

    Matsuo Electric Co. Ltd. agreed to pay $5 million midway through a California federal antitrust trial to end claims that it participated in a decadelong global conspiracy to fix capacitor prices, causing direct purchasers to be overcharged by $427 million, the company announced Friday. 

  10. December 01, 2021

    Matsuo Cuts Midtrial Deal In $427M Capacitor Antitrust Row

    Matsuo Electric Co. Ltd. reached a settlement with direct purchasers of capacitors midway through a California federal antitrust trial Wednesday, leaving two capacitor manufacturers as defendants in a $427 million suit alleging a decadelong global conspiracy to fix prices for the electronic part.

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