Berman Tabacco

Lithium Ion Batteries Antitrust

In re Lithium Ion Batteries Antitrust Litigation, No. 13-md-2420-YGR (N.D. Cal.)

As co-lead counsel, Berman Tabacco has negotiated settlements of $139.3 million to resolve this case on behalf of a proposed class of direct purchasers of lithium-ion rechargeable batteries. The lawsuit alleged that defendants, including LG, Panasonic, Sony, Hitachi and Samsung, participated in a conspiracy to fix the prices of lithium-ion rechargeable batteries, which affected the prices paid for the batteries and certain products in which the batteries are used, such as notebook computers, cell phones, and digital cameras.

Case Information

  • Settlement Amount:
    $139,300,000