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Capacitors

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This proposed class action alleges that the defendants and their senior executives participated in illegal and secret meetings and made agreements to fix the prices for Electrolytic Capacitors and Film Capacitors sold in Canada, including British Columbia, and elsewhere. Copies of the notices of civil claim and their amendments can be viewed below. Proposed class actions have also been commenced in Ontario and Quebec.

Settlement Approval

On July 12, 2018, the BC Court has certified the Electrolytic Capacitors and Film Capacitors actions for settlement purposes against three groups of defendants:

  • TOKIN Corporation.and TOKIN America Inc. formerly known as NEC TOKIN Corporation and NEC TOKIN America Inc. (“TOKIN”);
  • Okaya Electric industries Co., Ltd. and Okaya Electric America Inc. (“Okaya”); and
  • Nitsuko Electronics Corporation (“Nitsuko”).

The TOKIN, Okaya and Nitsuko settlements (the “Settlement Agreements”) are subject to Court approval in Ontario, British Columbia and Quebec. Hearings to approve the Settlement Agreements will be held as follows:

  • Ontario: at the London courthouse on November 5, 2018 at 10:00 a.m.
  • British Columbia: at the Vancouver courthouse on November 30, 2018 at 9:00 a.m.
  • Quebec: at the Montreal courthouse on December 3, 2018 at 9:30 a.m.

For details of the Settlement Agreements and settlement hearings, please see the Long Form Notice (English and French) and the Opt-Out Form (English and French) located under the “Important Documents” heading.

For more information please contact Sharon Wong, Paralegal by email or at (604) 689-7555.

Important Documents:

Electrolytic Capacitors

TOKIN Settlement Agreement

Long Form Notice (English)

Long Form Notice (French)

Short Form Notice (English)

Short Form Notice (French)

Newspaper Publication (English)

Newspaper Publication (French)

Further Amended Notice of Civil Claim

Film Capacitors

Nitsuko Settlement Agreement

Okaya Settlement Agreement

Long Form Notice (English) 

Long Form Notice (French)

Short Form Notice (English)

Short Form Notice (French)

Newspaper Publication (English)

Newspaper Publication (French)

Amended Notice of Civil Claim




Capacitors - Status Updates:

August 22, 2018

Capacitors Class Action - View

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