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Civil Litigation

May 9, 2018

Judge approves $139M settlement, ending lithium antitrust case

A federal judge approved a settlement in a long-standing antitrust battle involving lithium ion batteries Tuesday that will bring the case to its conclusion for a total of $139 million.

A federal judge approved a settlement Tuesday in a long-standing antitrust battle involving lithium ion batteries that will bring the case to its conclusion for a total of $139 million.

U.S. District Judge Yvonne Gonzalez Rogers also approved the plaintiffs’ attorney fee request of nearly $42 million, which equates to 30 percent of the overall settlement fund. In re: Lithium Ion Batteries Antitrust Litigation, 13-MD2420 (N.D. Cal., ...

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