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Optical Disc Drives

Related Lawyers: Michael P. Lehmann
Related Practice Areas: Antitrust / Competition

In re Optical Disk Drive Antitrust Litigation, 10-md-2143, N.D.Cal. - This case involved allegations of a conspiracy to fix prices of optical disc drives (drives that play CDs, DVDs or Blu-Ray discs) that are used in or with computers and other types of equipment.

An amended complaint was filed in September of 2011 and in April of 2012; the Court denied the motions to dismiss that complaint. A motion for class certification was initially denied but the court gave the direct purchaser plaintiffs an opportunity to refile that motion. In the interim, initial settlements with HLDS and Panasonic defendants totaling nearly $32 million were finally approved in September of 2013 and May of 2014. While the renewed class certification motion was pending, the direct purchaser plaintiffs settled with all remaining defendants for a total of $37 million. These settlements were approved in April of 2016.

More on these settlements can be found at http://www.odddirectpurchaserantitrustsettlement.com/

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