• Company
  • Description
  • Recovery Amount
  • Lithium-Ion Batteries
  • In re Lithium-Ion Batteries Antitrust Litigation
  • Partial Settlement

 

Northern District of California

G&E is a member of the Executive Committee for Direct Purchaser Class Plaintiffs.  Plaintiffs, purchasers of lithium-ion batteries, the rechargeable batteries used in cell phones and other consumer electronics, allege that numerous battery manufactures conspired to fix lithium-ion battery prices, allowing the manufacturers to overcharge battery purchasers.  Plaintiffs seek treble damages under the federal antitrust laws. The case survived motions to dismiss in October 2014, and a partial settlement on behalf of direct purchasers has been reached.