Lithium Batteries

A federal judge granted <a href="http://www.courthousenews.com/wp-content/uploads/2018/05/Lithium.Settled.pdf">final approval</a> Thursday to three settlements in the sprawling lithium ion battery antitrust case. Of the $139 million settlement fund for direct purchasers, $41.5 million will come from <a href="http://www.courthousenews.com/wp-content/uploads/2017/12/Battery-Settle-LG-PRELIM.pdf">LG Chem</a>, $24.5 million from <a href="http://www.courthousenews.com/wp-content/uploads/2017/12/Battery-Settle-Samsung-PRELIM.pdf">Samsung</a>, $4.95 million from <a href="http://www.courthousenews.com/wp-content/uploads/2017/12/Battery-Settle-NEC-Tokin-PRELIM.pdf">NEC Tokin</a>, and $45 million will go to attorneys’ fees.

OAKLAND, Calif. — A federal judge granted final approval Thursday to three settlements in the sprawling lithium ion battery antitrust case. Of the $139 million settlement fund for direct purchasers, $41.5 million will come from LG Chem, $24.5 million from Samsung, $4.95 million from NEC Tokin, and $45 million will go to attorneys’ fees.

Categories / Business, Consumers

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