December 21, 2015

Saying bigger is better, a California judge on Monday appointed attorneys from Cohen Milstein Sellers & Toll PLLC and Hagens Berman Sobol Shapiro LLP as interim lead counsel in a proposed class action accusing Panasonic of rigging prices of resistors, the components in cell phones and other electronic devices.

U.S. District Judge Ronald M. Whyte chose the two firms to represent the direct purchaser class for the antitrust litigation, as recommended by plaintiff Schuten Electronics Inc., over smaller firms Joseph Saveri Law Firm Inc. and Cera LLP, as sought by the other direct purchaser plaintiff, Chip-Tech Ltd.

“The court finds that because Cohen Milstein and Hagens Berman have more personnel within their firms, it is at least plausible that they will be able to commit more resources than the Saveri and Cera firms to representing the purported class,” the judge wrote.

The full article can be read here.