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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. November 30, 2021

    Insider Testifies Capacitor Prices Fixed Over Drinks, Karaoke

    A California federal jury considering a $427 million price-fixing suit against three capacitor manufacturers heard testimony Tuesday about how workers would routinely meet for golf, karaoke and drinking after bi-annual industry meetings, schmoozing and sharing price information with competitors.

  2. November 29, 2021

    Capacitor Makers Owe $427M For Price-Fixing, Jury Told

    A California federal jury heard opening statements Monday in a sprawling antitrust suit by a certified class of about 1,800 companies alleging that three capacitor makers participated in a decadelong global conspiracy to fix prices on the electronic part, with counsel for the capacitor buyers arguing for $427 million in damages.  

  3. November 09, 2020

    Attys Win $70M Cut In Capacitor Price-Fixing Settlement

    A California federal judge has agreed to nearly $70 million in attorney fees plus more than $9 million in expenses for the litigators who reached a $232 million antitrust settlement with direct capacitor buyers accusing Panasonic, AVX and others of price-fixing.

  4. July 14, 2020

    $232M Capacitor Price-Fixing Deal Gets First Nod

    A proposed $232 million deal between AVX, Panasonic and other electronic component manufacturers and a class of direct capacitor buyers has cleared the first hurdle in California federal court toward resolving price-fixing allegations.

  5. March 27, 2020

    Cisco Objects As $63M Capacitor Deals Exclude Foreign Buys

    Tech conglomerate Cisco Systems Inc. said Thursday it will challenge the latest round of settlements that capacitor makers have struck to exit buyers' sweeping price-fixing litigation playing out in San Francisco federal court, as the deals bar purchasers from recouping damages over capacitors bought abroad.

  6. March 17, 2020

    AVX Inks $65M Deal Amid Capacitor Conspiracy Trial

    AVX Corp. announced Monday it has cut a $65 million deal to exit the sprawling capacitors antitrust litigation midtrial, further whittling the number of capacitor makers battling direct purchasers' price-fixing allegations before a California federal jury.

  7. March 03, 2020

    Sprawling Capacitor Price-Fix Conspiracy Laid Out For Jury

    A California jury trial heard opening arguments Tuesday in the sprawling capacitors antitrust litigation, in which direct purchasers of capacitors — a small part found in almost all electronics — say manufacturers that engaged in a global price-fixing conspiracy for over a decade owe them repayment of $427 million.

  8. March 02, 2020

    Settlements Top $200M On Eve Of Capacitor Price-Fixing Trial

    Taitsu Corp. on Monday announced a deal with a class of direct capacitor buyers to end price-fixing claims following a series of recent settlements with Panasonic and others that have totaled more than $200 million, leaving four companies in multidistrict litigation to face a jury trial that begins this week.

  9. February 27, 2020

    Holy Stone Inks $28M Deal To Escape Capacitor Antitrust Suit

    Capacitor distributor Holy Stone will be shelling out $28 million to secure its exit from a lawsuit claiming it took part in a conspiracy to hike the price of the electrical devices, according to documents filed in California federal court.

  10. February 24, 2020

    Panasonic, Sanyo Reach $45M Deal To Duck Capacitor Suit

    Panasonic Corp. and its subsidiary Sanyo Electric Co. Ltd. said Friday they have reached a $45 million agreement to resolve antitrust litigation in California federal court accusing the electronics parts manufacturers and several others of conspiring to raise the price of capacitors.