Nippon Chemi-Con’s Ex-CEO Takes The Fifth In Price-Fix Trial – Law360

Posted: December 10, 2021 at 7:08 pm

By Hannah Albarazi (December 8, 2021, 10:47 PM EST) -- The ex-CEO of capacitor manufacturer Nippon Chemi-Con Corp. invoked his Fifth Amendment right in declining to answer questions about his involvement in a decadelong global conspiracy to fix capacitor prices, a California federal jury heard in a video deposition played Wednesday in a trial over claims U.S. companies overpaid $427 million for the devices.

Lawyers for a class of about 1,800 U.S. companies which claim that NCC, its U.S. subsidiary United Chemi-Con Inc. and other capacitor manufacturers overcharged them as a result of a price-fixing conspiracy between 2002 and 2014 played for the jury the videotaped deposition testimony of...

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Nippon Chemi-Con's Ex-CEO Takes The Fifth In Price-Fix Trial - Law360

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