Resistors

This proposed class action alleges that the defendants and their senior executives participated in illegal and secret meetings and made agreements to fix, raise, maintain, and control the price for the supply of Resistors and/or to enhance unreasonably the prices of Resistors and/or to lessen unduly competition in the sale of Resistors in Canada including British Columbia and elsewhere. The Notice of Civil Claim can be viewed below. Proposed class actions have also been commenced in Ontario and Quebec.

Settlement Approval

On November 18, 2020, the BC Court certified a settlement class regarding a settlement entered into with Panasonic Corporation, Panasonic Corporation of North America and Panasonic Canada Inc. (collectively “Panasonic”).

The Panasonic settlement (the “Panasonic Settlement Agreement”) is subject to Court approval in Ontario, British Columbia and Quebec. Hearings to approve the Panasonic Settlement Agreement will be held as follows:

• Ontario: on February 2, 2021 at 3:00 pm by virtual hearing via Zoom at https://zoom.us/j/92368045971 or (tel): 647.374.4685; Meeting ID: 923 6804 5971.
• Quebec: on February 11, 2021 at 9:30 am at 1, rue Notre-Dame Est, Montréal, Québec in Room 16.08, and by virtual hearing by TEAMS at conference ID : 888 751 938#.
• British Columbia: in writing, following the Ontario hearing.

For details of the Panasonic Settlement Agreement and settlement hearings, please see the Long Form Notices (English and French) located under the “Important Documents” heading below.

The deadline to object is January 29, 2021.

Opting Out of the Class Action

If you do not want to be a member of this Class Action, you must opt out by January 29, 2021.

You can opt-out by sending a signed letter to Class Counsel, by pre-paid mail, courier, fax or email at the following address:

Foreman & Company, Attention: Jonathan Foreman.

• Facsimile: 1-226-884-5340
• E-mail: [email protected]
• Mail: 4 Covent Market Place, London, Ontario N6A 1E2

This is your only chance to exclude yourself or opt-out of the class action. More information concerning opt-outs is available at www.foremancompany.com.

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

Important Documents

• Notice of Civil Claim
• Panasonic Settlement Agreement
• Short Form Notice (English) (French)
• Long Form Notice (English) (French)
• Certification Order for Settlement Purposes

Resistors - Status Updates:

Resistors Class Action – Settlement approval hearing - View