Plaintiffs File Amended Complaint in HDD Component Antitrust Suit

To read this article from LawΙStreet, click on:
Plaintiffs File Amended Complaint in Hard Drive Component Antitrust Suit

Several dozen plaintiffs from across the country have filed their third amended class action complaint vs. 10 Chinese, Japanese, and Thai HDD suspension assembly manufacturers and sellers for conspiracy to fix and raise prices of the products, found in electronic storage devices, computers, and other consumer electronics. The case follows several criminal enforcement actions by the Department of Justice, culminating in guilty pleas and fines in the tens of millions.

According to the filing, the defendants are TDK Corporation, Magnecomp Precision Technology Public Co. Ltd., Magnecomp Corporation, SAE Magnetics (H.K.) Ltd., Hutchinson Technology Inc., NHK Spring Co. Ltd. and several related entities, and NAT Peripheral (Dong Guan) Co. Ltd., and 2 of its corporate relatives.