If You Bought a Film Capacitor From Distributors Since 2002 You Could Get Money From New Settlements Reached Cotchett, Pitre & McCarthy, LLP Announces

Cotchett, Pitre & McCarthy, LLP:

You Could Get Money From New Settlements

Defendants Shinyei Kaisha, Shinyei Technology Co., Ltd., Shinyei Capacitor Co., Ltd., Shinyei Kaisha Electronics (M) SDN. BHD., and Shinyei Corporation of America (“Shinyei”) and Taitsu Corp. (“Taitsu”) (collectively, “Settling Defendants”) have agreed to Settlements resolving claims that they allegedly fixed the prices of film Capacitors. Capacitors are electronic components that store electric charges between one or more pairs of conductors separated by an insulator.

Am I Included?

You may be included if, from January 1, 2002, through February 28, 2014, you purchased one or more film Capacitors in California, Florida, Michigan, Minnesota, Nebraska, or New York from a distributor that a Defendant or alleged co-conspirator manufactured. “Indirect,” as that term is used below, means that you bought the product from someone other than the manufacturer, such as a distributor. A more detailed notice, including the exact Class definitions and exceptions to Class membership, is available at www.capacitorsindirectcase.com.

What do the Settlements provide?

The newly reached Settlements provide for a combined payment of $300,000 in cash.

How can I get a payment?

In order to be eligible to receive a payment from the Settlements you must have purchased the film Capacitors in California, Florida, Michigan, Minnesota, Nebraska or New York and submit a valid Claim Form. If you already submitted a Claim Form in response to previous notices, then you do not need to submit another Claim Form. If you did not previously submit a Claim Form, you may submit a Claim Form either online or by mail. Both options are available at the website www.capacitorsindirectcase.com. If you did not previously submit a Claim Form, you must do so by the Court ordered deadline of February 18, 2022.

When will I get a payment?

Payments from the Settlements will not be distributed until the Court grants final approval of the Settlements, any objections or appeals are resolved, and all claims have been processed and verified. Updates will be provided on the Settlement website at www.capacitorsindirectcase.com.

What are my rights?

If you do nothing, you will be bound by the Court’s decisions concerning these Settlements. If you want to keep your right to sue one or more of the Settling Defendants regarding Capacitor purchases, you must exclude yourself in writing from the Class by February 18, 2022. If you do not exclude yourself and believe it is appropriate, you may object in writing to the Settlements by February 18, 2022. The Settlement Agreements, along with details on how to exclude yourself or object, are available at www.capacitorsindirectcase.com. The U.S. District Court for the Northern District of California will hold a hearing on March 24, 2022, at 10:00 a.m., at 450 Golden Gate Avenue, 19^th Floor, Courtroom 11, San Francisco, CA 94102 to consider whether to finally approve the Settlements. The Court has appointed the law firm of Cotchett, Pitre & McCarthy, LLP as Class Counsel to represent Indirect Purchaser Class members. In connection with this round of settlements, Class Counsel will not be requesting an award of attorneys’ fees. You or your own lawyer may appear and speak at the hearing at your own expense, but you don’t have to. The hearing may be conducted remotely or moved to a different date or time without additional notice, so it is a good idea to check the above-noted website for additional information. Please do not contact the Court about this case.

For More Information: 1-866-217-4245/www.capacitorsindirectcase.com

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