Two class action suits were filed last month in California against Panasonic, Samsung Electro Mechanic American Inc. and a number of other defendants, alleging that these companies colluded to fix prices for aluminum and tantalum electrolytic capacitors. Capacitors are electrical-charge storage devices imbedded within a circuit board. Their main purpose is to regulate and govern the flow of electrical currents through a device and insure there is adequate charge available to the device to perform the tasks we require. Capacitors are critical to the functionality of electrical devices. You can learn more about these lawsuits by going to our firm’s web page (www.beasleyallen.com).
Lawyers in our firm are working with other national law firms on this litigation. The class action lawsuits name about 20 companies and their affiliates as Defendants. The goal of this litigation is to correct market misconduct involving price fixing, something that hurts all American citizens. For more information about this subject, you can contact either Dee Miles, head of the firm’s Consumer Fraud Section, at Dee.Miles@beasleyallen.com, or Rebecca Gilliland, a lawyer in the section, at Rebecca.Gilliland@beasleyallen.com. They will be working on this project for the firm.
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