Electrolytic Capacitors Price-fixing Matter wins National Settlement Approval and Certification Motion Scheduled

Written By Kassandra Hallett

Foreman & Company is pleased to announce that the first settlement reached in the Electrolytic Capacitors price-fixing action has been approved nationally by the courts in Ontario, Quebec and British Columbia.  Capacitor manufacturer NEC Tokin has agreed to pay $2.9 million and to provide evidence and cooperation to the plaintiff regarding the alleged capacitors pricing conspiracy.  The certification motion has been scheduled for hearing for four days commencing on November 29, 2020.

Kassandra Hallett
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