Electronic Parts Manufacturer Kemet Pays $62 Million to Settle Antitrust Claims

Kemet has reached a $62 million settlement of antitrust litigation in California federal court accusing several electronics parts manufacturers of agreeing to fix the price of capacitors. Groups of direct and indirect purchasers have accused more than a dozen overseas manufacturers including Panasonic Corp. and Sanyo of conspiring to fix prices for aluminum, tantalum and film capacitors over the last decade. U.S. District Judge James Donato certified a class of direct buyers in November 2018.

The lawsuit was filed in July 2014. In April 2018, indirect purchasers reached a $20 million deal with several manufacturers and later that year they reached a $21.5 million agreement with Nichicon Corp.

This blog is intended to provide information to the general public and to practitioners about developments that may impact Oregon class actions.

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Steve Larson
An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve's clients value his creative approach to resolving complex litigation matters.


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The information contained in this blog does not constitute legal advice, and does not create an attorney-client relationship. We make no claims, promises or guarantees about the accuracy, completeness, or adequacy of the information contained in or linked to this blog.