The proposed class action in the lithium-ion battery price-fixing case has been approved by a federal court. The plaintiffs are a group of consumers who indirectly purchased products containing the cylindrical lithium-ion batteries manufactured by Defendants. These products include laptop computers, MP3 players, and other consumer electronics. The proposed settlement provides $2.1 million to Class Members. The settlement does not require the defendants to admit guilt, but it does mandate that the Defendants share the money with the victims of the alleged wrongdoing.
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The lithium-ion battery lawsuit involves thousands of consumers in Canada who purchased the batteries between 2000 and 2012.
The plaintiffs have claimed that the companies selling the battery products made the batteries unsafe. This lawsuit covers a variety of lithium-ion battery products, including cellphones, but not service contracts. The Canadian class members may be entitled to claim $20 without proof of purchase. However, the consumers must provide evidence of purchase for their claims to be valid.
In addition to Class Members, the litigation also includes direct purchasers who purchased lithium-ion batteries for resale purposes from non-defendant manufacturers. The direct purchasers are considered “non-defendants” under the federal antitrust laws. They are liable for the cost of battery replacement or faulty batteries. Therefore, the plaintiffs are owed more than $113 million. The case is currently in the claims phase and is awaiting final approval.
The Class members purchased the batteries from a non-dependant manufacturer and/or a third-party reseller.
In this way, the plaintiffs can receive a larger portion of the settlement fund than if they had purchased them directly. It is important to understand how the settlement process works before you sign any paperwork. It should be clear to you that you need to get a lawyer before filing a lawsuit in this type of situation.
The class members purchased the lithium-ion batteries for commercial resale from the non-defendants. The defendants were not directly involved in the product recall. The lawsuit was settled by the defendants, but the plaintiffs are still entitled to the money from the settlement. If the Class members win, the class members will receive at least one hundred percent of the funds in the settlement. This is a win-win situation for the class.
The settlement in the lithium-ion battery antitrust lawsuit has reached an agreement with the defendants.
The defendants are responsible for the alleged damages caused by the defective lithium-ion batteries. Although the case was resolved before the claims deadline, the plaintiffs are eligible to receive $20 without providing proof of purchase. This money should be distributed proportionately and by point totals. The class members are directly claiming the damages because of the defective product.
The plaintiffs in the lithium-ion battery class action lawsuit have also obtained a $20 settlement. This amount is a result of the fact that the defendants sold the products without ensuring that they were safe. This settlement means that the plaintiffs in the case are entitled to $20. The Canadian consumers will also be reimbursed for their losses in a different lithium-ion battery product liability case. However, the compensation does not cover the costs of replacing the batteries.
The plaintiffs in the lithium-ion battery antitrust lawsuit are non-defendants.
They bought lithium-ion batteries from non-defendants for their personal use and commercial resale. They will not be compensated if the manufacturer’s products cause their injuries. This lawsuit has allowed Class members to receive compensation in the amount they were entitled to. But the plaintiffs are not the only ones to receive benefits.
The plaintiffs are directly-purchased lithium-ion batteries. They are not consumers. The defendants are non-defendants because they sold them at high prices. The class members are also consumers who bought the lithium-ion batteries at the co-defendant’s retail stores. These people are the plaintiffs in the class action. They bought the battery to sell. The manufacturer of the batteries was not liable for the defective product.
