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Lithium Ion Battery Anti-Competition National Class Action

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CONSUMER LAW GROUP has launched a class action lawsuit against LG Chem, Panasonic, Sanyo, Sony, Samsung SDI, Hitachi, and Maxell on behalf of individuals who own any products with a Lithium Ion Rechargeable Battery such as digital cameras, notebook computers, mobile telephones, camcorders, cell phones, personal digital assistants, tablet computers, handheld game consoles, power tools and other electronic devices and equipment.

The class action is based on these companies secretly colluding to fix, raise, maintain and stabilize artificially the price at which Lithium Ion Rechargeable Batteries and products containing a Lithium Ion Battery were sold, so as to restrict or eliminating any competition, thereby artificially inflating the sale price to consumers.

Competition authorities in at least the United States and the European Union have been investigating a conspiracy in the market for Lithium Ion Rechargeable Batteries since at least the first half of 2011. The Antitrust Division of the United States Department of Justice (“DOJ”) is conducting a criminal investigation into anticompetitive conduct in the market for Lithium Ion Rechargeable Batteries.

The class action lawsuit identifies the group of affected persons as:

All residents in Canada who purchased either a Lithium Ion Rechargeable Battery containing a cell manufactured by a Respondent and/or a Lithium Ion Rechargeable Battery Product containing a Lithium Ion Rechargeable Battery containing a cell manufactured by a Respondent, whether directly or indirectly, during the period January 1, 2002 to the present (the “Class Period”), or any other group to be determined by the Court;

If you or someone you know own any products that have a Lithium Ion Rechargeable Battery and you wish more information on potential compensation or to be kept advised of the status of the Lithium Ion Battery Anti-Competition Class Action litigation or any resulting compensation from the Lithium Ion Battery Anti-Competition Lawsuit in Canada, Quebec or Ontario, please provide your contact information to our law firm using the below form.

IF YOU WISH TO JOIN THE CLASS ACTION OR TO SIMPLY GET MORE INFORMATION, PLEASE COMPLETE THE FORM BELOW. Please note that providing your information creates no financial obligation for you. You are not charged any fee or cost for joining this class action. Our law firm is paid a contingency fee from the compensation recovered, only if the class action is successful. All information contained in this transmission is confidential and Consumer Law Group agrees to protect this information against unauthorized use, publication or disclosure.

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This class action is now closed.


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