For individuals that were forced to pay more for electronic devices that were equipped with overpriced linear resistors, you are eligible for a potential award from the Linear Resistor Price Fixing Class Action Lawsuit!
According to the lawsuit, the indirect purchasers claim that they were forced to pay more for electronic devices that were equipped with overpriced linear resistors. The lawsuit is against numerous companies including Panasonic, Kamaya Inc., Walsin Technology Corporation, and others, claimed that the linear resistor manufacturers conspired together to raise, fix, maintain, or stabilize the price of linear resistors in a way that increased their profits.
Panasonic and the other companies deny all acts of allegations, however, they have agreed to settle the class-action lawsuit in order to avoid the further risk and cost of ongoing litigation. So if you are eligible, file a claim by August 14, 2019 to receive your potential award!
Linear Resistors Price-Fixing Lawsuit
- Linear Resistors Price-Fixing Claim Form
- Claim Form Deadline: August 14, 2019
- Who’s Eligible: Individuals who purchased linear resistors from resistor manufacturers (listed below) between July 9, 2003 and Aug. 1, 2014.
- Estimated Amount: Varies. Each Class Member’s payment amount will depend on the dollar value of their approved purchases. The payment will also depend on the total number of claims filed and the amount of the settlement fund used to pay fees, costs, and service awards.
- Proof of Purchase: Documentation proving linear resistors purchases
- Case Name & Number: In re: Resistors Antitrust Litigation, Case No. 3:15-cv-03820-JD, in the U.S. District Court for the Northern District of California
How To File a Claim
- Head over to the Linear Resistors Price-Fixing Claim Form.
- Look over the claim form to see if you are eligible.
- Complete the claim form with your information.
- Submit your claim by August 14, 2019 to receive your potential award!
Bottom Line
For individuals that are forced to pay more for electronic devices that were equipped with overpriced linear resistors, you are eligible for a potential award from the Linear Resistors Price-Fixing Class Action Lawsuit!
According to the lawsuit, the indirect purchasers claim that they were forced to pay more for electronic devices that were equipped with overpriced linear resistors. So if you are eligible, file a claim by August 14, 2019 to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!
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