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Civil Litigation

Oct. 9, 2019

Final defendant in resistor conspiracy case settles for $24 million

The last remaining defendant in a lawsuit accusing five of the world’s largest linear resistor manufacturers of conspiring to fix prices has settled for $24.5 million.

The last remaining defendant in a lawsuit accusing five of the world's largest linear resistor manufacturers of conspiring to fix prices has settled for $24.5 million.

Japanese components supplier KOA Corp. resolved the class action Monday, bringing the total settlement to $50.25 million.

Plaintiffs were represented by attorneys at Hagens Berman Sobol Shapiro LLP and Cohen Mistein Sellers & ...

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