In re Lithium Ion Batteries Antitrust Litigation
Pearson Warshaw, LLP currently serves as interim co-lead counsel for direct purchaser plaintiffs in this multidistrict class action arising from the price-fixing of lithium-ion batteries. The case involves allegations of collusive activity by a cartel made up of the world’s largest manufacturers of lithium-ion batteries, which are used in everything from cellular phones to cameras, laptops, and tablet computers. Pearson Warshaw filed one of the earliest cases on behalf of the direct purchasers and successfully argued before the Judicial Panel on Multidistrict Litigation for consolidation of the cases in the Northern District of California. Pearson Warshaw, along with its co-counsel, organized a leadership structure of three firms, winning an appointment by Judge Yvonne Gonzalez Rogers as co-lead counsel for the putative class of direct purchasers on May 17, 2013.
On July 2, 2012, the direct purchaser plaintiffs filed their Consolidated Amended Complaint. The case is currently at the pleading stage, with both sides submitting highly sophisticated briefings to the Court.