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CPM Appointed Lead Counsel In Resistors Antitrust Class Action
On December 21, 2015, Judge Ronald M. Whyte of the Federal Court for the Northern District of California appointed Cotchett, Pitre & McCarthy, LLP. (“CPM”) lead counsel for the indirect purchasers in a class action alleging that a number of companies illegally conspired to inflate the prices consumers and businesses paid for resistors.
Resistors are one of the most common electronic components used in the world. They are designed to provide resistance to an electronic circuit and are used in cell phones, computers and other widely used consumer products. Resistors help assure that appropriate levels of voltage go to specific parts of an electronic circuit.
Plaintiffs allege that a number of Defendants, including Panasonic, ROHM, Vishay and others, used trade associations and other means to coordinate their prices and eliminate competition in the market for resistors. The United States Department of Justice and other competition authorities around the world are also investigating allegations of price-fixing in the resistors market.
CPM continues to litigate violations of the antitrust and unfair competition laws throughout the country and is serving as lead counsel in a number of high profile cartel cases. CPM assists business and consumers that have been harmed by antitrust violations. If you believe you have been harmed by price-fixing in the resistors market, contact CPM lawyers Steve Williams or Adam Zapala at (650) 697-6000.