Lithium Ion Battery Indirect Antitrust Litigation

Class Members Eligible for Lithium Ion Battery Indirect Antitrust Settlement:

Lithium Ion Battery Indirect Antitrust Class Action Settlement Litigation CAC Recovery 3rd party filing recovery

The Class includes all persons and entities who, as residents of the United States and during the period from January 1, 2000 through May 31, 2011, indirectly purchased new for their own use and not for resale one of the following products which contained a Lithium Ion Cylindrical Battery manufactured by one or more Defendants in this lawsuit or their co-conspirators: (i) a portable computer; (ii) a power tool; (iii) a camcorder; or (iv) a replacement battery for any of these products. “Indirectly” means the product was purchased from someone other than the manufacturer, such as a retail store.

Lithium Ion Battery Indirect Antitrust Litigation Settlement Case History:

The lawsuit alleges that Defendants and co-conspirators conspired to raise and fix the prices of cylindrical Li-Ion Cells for over ten years, resulting in overcharges to indirect purchasers of portable computers, camcorders, and power tools containing Li-Ion Cylindrical Batteries. The complaint describes how the Defendants and co-conspirators allegedly violated the U.S. and state antitrust, unfair competition, and consumer protection laws by agreeing to fix prices and restrict output of these cells by, among other things, face-to-face meetings and other communications, customer allocation, and the use of trade associations. Defendants deny Plaintiffs’ allegations. The Court has not decided who is right.

Four groups of Defendants have agreed now to settle the lawsuit – LG Chem, Hitachi Maxell, Sony and NEC. The case is continuing against the remaining Non-Settling Defendants. Additional money may become available in the future as a result of a trial or future settlements, but there is no guarantee that this will happen.

What Lithium Ion products are included

Lithium Ion Battery Indirect Antitrust Settlement Class Action Litigation CAC Recovery 3rd party filing recoveryFor purposes of the Settlements:

  • “Lithium Ion Battery Cell(s)” or “Li-Ion Cells” means cylindrical, prismatic, or polymer cells used for the storage of power that is rechargeable and uses lithium ion technology.
  • “Lithium Ion Battery Pack” means Lithium Ion Battery Cells that have been assembled into a pack, regardless of the number of Lithium Ion Cells contained in such packs.
  • “Lithium Ion Battery” or “Li-Ion Battery” means a Lithium Ion Battery Cell or Lithium Ion Battery Pack.
  • “Lithium Ion Cylindrical Battery” or “Li-Ion Cylindrical Battery” means a cylindrical Lithium Ion Battery Cell or cylindrical Lithium Ion Battery Pack.
  • “Finished Product” means any product and/or electronic device that contains a Lithium Ion Battery or Lithium Ion Battery Pack, including but not limited to laptop PCs, notebook PCs, netbook computers, tablet computers, mobile phones, smart phones, cameras, camcorders, digital video cameras, digital audio players, and power tools.

Lithium Ion Battery Indirect Antitrust Class Action Settlement Defendants:

The following entities which are named as Defendants in this action:

Settlements have been reached with LG Chem, Ltd. and LG Chem America, Inc. (“LG Chem”), Hitachi Maxell Ltd. and Maxell Corporation of America (“Hitachi Maxell”), Sony and NEC Corporation (“NEC”), or collectively “the Settling Defendants.”

The Non-Settling Defendant companies include: Samsung SDI Co. Ltd.; Samsung SDI America, Inc.; Panasonic Corporation; Panasonic Corporation of North America; Sanyo Electric Co., Ltd.; Sanyo North America Corporation; NEC Tokin Corporation; and Toshiba Corporation.

Our Class Action Settlement Services:

CAC Recovery navigates the complex intricacies of the Lithium Ion Battery Indirect Antitrust Litigation Settlement claims filing process to help businesses maximize their settlement recoveries.Lithium Ion Battery Indirect Antitrust Settlement Litigation CAC Recovery 3rd party filing recovery

Our class action settlement services include:

  • Identifying class action claims where businesses may be eligible to file
  • Filing the class action claim with supporting documentation
  • Interacting with the class action Claims Administrator
  • Providing updates on class action claim settlements status
  • Resolving Claims Administrator questions on claims
  • Reviewing the recovery to assure the correct compensation claims amount has been received

Our Guarantee: We Get Paid When You Recover – No hidden charges or up-front fees. We provide our class action settlements services based on a contingency fee.

Getting Started is easy! If you represent a business we’ll first have you fill out our Get Started form and a CAC representative will contact you within 24 hours to review your eligibility and walk you through the claims process.