This proposed class action alleges that Defendants and their senior executives participated in illegal and secretive meetings and made agreements to fix, maintain, increase, and control the price for the supply of Lithium Ion Rechargeable Batteries and/or enhance unreasonably the prices of Lithium Ion Rechargeable Batteries and to lessen unduly competition in the sale of Lithium Ion Rechargeable Batteries in Canada and elsewhere.
The action seeks to recover the overcharge that class members paid for Lithium Ion Rechargeable Batteries during the period of January 1, 2002 to January 1, 2012.
An additional settlement has been reached with Panasonic Corporation, Panasonic Corporation of North America, Panasonic Canada Inc., and Sanyo Electric Co., Ltd. (collectively, “Panasonic”) for USD $6,295,00
The Panasonic settlement is subject to court approval in Ontario and Quebec. On these dates, Class Counsel will also be asking the courts to approve a proposed distribution protocol which can be viewed under the “Important Documents” heading below.
If you would like to attend the hearings, please contact Ontario counsel for additional details:
Sotos LLP can be reached at:
Email: [email protected]
Join via Microsoft Teams – telephone conference
+1 581-319-2194 Canada, Quebec (Tolled Number)
(833) 450-17 41 Canada (Toll Free)
Conference ID: #782 120 282
Join via Microsoft Teams – video conference
VTC conference ID: 1133951050
The settlement funds (plus interest, less court-approved fees and expenses) are being held in trust for the benefit of settlement class members. At a later date, the courts will be asked to approve a method of distributing the settlement funds to settlement class members.
For more information please contact Sharon Wong, Paralegal at (604) 689-7555 or by email at [email protected].
Lithium Batteries – New Settlement - View
Lithium Ion Batteries Class Action - View
Lithium Ion Rechargeable Batteries Settlements - View