Block & Leviton represents indirect purchasers in a class action seeking damages for overpriced lithium ion batteries used in schools and by public safety officers, among other consumers. Two of the defendants have pled guilty to criminal charges that, beginning in 2002, they fixed the prices of lithium ion rechargeable batteries in the United States. As a result of Defendants' misconduct, purchasers like these public entities paid too much for products containing those batteries, such as laptops, power tools, and camcorders.
Settlements have been reached with all Defendants totaling approximately $113.5 million. Additional information regarding the settlements is available at www.reversethecharge.com. The Court had granted final approval to all of the settlements, but a small group of class members objected to the terms thereof, and filed appeals to the Ninth Circuit Court of Appeals. In one appeal, the Ninth Circuit vacated the district court’s approval of a group of settlements and remanded for further consideration. The district court has now set a new final approval hearing date of May 20, 2020.