Try our Advanced Search for more refined results

In re Capacitors Antitrust Litigation (No.III)

Track this case

Case overview

Case Number:

3:17-md-02801

Court:

California Northern

Nature of Suit:

Anti-Trust

Multi Party Litigation:

Multi-district Litigation

Judge:

James Donato

Firms

Companies

Sectors & Industries:

  1. June 12, 2023

    Nippon Chemi-Con To Pay Avnet $151M After Price-Fix Verdict

    A California federal judge on Friday ordered Nippon Chemi-Con Corp. to pay electronics giant Avnet $151 million, in the wake of a May jury verdict finding that the Japanese capacitor manufacturer and its American subsidiary conspired in a broad scheme to set prices for capacitors sold in the U.S.

  2. May 22, 2023

    Nippon Chemi-Con Hit With $89M Capacitor Price-Fix Verdict

    A California federal jury ordered Nippon Chemi-Con Corp. to pay electronics giant Avnet $89.2 million for antitrust violations, finding Monday that the Japanese capacitor manufacturer and its American subsidiary conspired in a broad scheme to set prices for aluminum and tantalum capacitors sold in the U.S.

  3. 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.

  4. November 09, 2022

    Avnet Inks Price-Fix Deal With Hitachi Ahead Of $274M Trial

    Electronics company Avnet came to a settlement in principle with some of the manufacturers accused of a capacitor price-fixing scheme just two weeks after the company announced it was seeking $274 million in its pretrial brief.

  5. 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.

  6. 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.

  7. 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.

  8. 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.

  9. 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.

  10. 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.

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!