Secured $139.3 million in settlements as Executive Committee member for direct purchaser plaintiffs in a global price-fixing conspiracy involving lithium-ion batteries
Plaintiff(s):
Direct purchasers of lithium-ion batteries used in cell phones and other consumer electronics
Case type / claims:
Antitrust class action alleging that multiple battery manufacturers conspired to fix prices of lithium-ion batteries in violation of the Sherman Act, resulting in overcharges to purchasers.
Defendant(s):
Multiple lithium-ion battery manufacturers
Jurisdiction:
U.S. District Court for the Northern District of California
Year:
2016
Outcome:
- Grant & Eisenhofer secured $139.3 million in settlements with the defendants.
- Case helped expose and curb long-running price-fixing practices in the global electronics supply chain.
