Settlements were reached with all Defendants totalling approximately CDN $21.3 million. The Ontario and Quebec courts approved a protocol for distributing the net settlement amount. A copy of the Distribution Protocol is available under Documents along with copies of the settlement agreements.
- NEC Corporation and NEC Tokin Corporation (“NEC”) for CDN $50,000;
- Samsung SDI Co., Ltd. and Samsung SDI America, Inc. (“Samsung”) for USD $2,200,000 (converted to approximately CDN $2,778,600);
- Sony Corporation, Sony Energy Devices Corporation, Sony Electronics, Inc. and Sony of Canada Ltd. (“Sony”) for CDN $4,500,000.
- LG Chem, Ltd. and LG Chem America, Inc. (“LG Chem”) for USD $3,900,000 (converted to approximately CDN $5,100,000);
- Toshiba Corporation, Toshiba America Electronic Components, Inc. and Toshiba of Canada Limited (“Toshiba”) for CDN $264,759.67;
- Maxwell Holdings, Ltd. (formerly Hitachi Maxwell Ltd.) and Maxwell Corporation of America (“Maxwell”) for USD $300,000 (converted to approximately CDN $390,000); and
Panasonic Corporation, Panasonic Corporation of North America, Panasonic Canada Inc., and Sanyo Electric Co., Ltd. (“Panasonic”) for USD $6,295,00.