Global Telescope Suppliers Have Allegedly Engaged in a Conspiracy Since 2005
A federal judge has appointed Cotchett, Pitre & McCarthy, LLP, Lieff Cabraser Heimann & Bernstein, LLP, and Susman Godfrey L.L.P. to lead a class action lawsuit on behalf of indirect purchasers of telescopes against global telescope suppliers for allegedly engaging in a conspiracy to fix prices and allocate the market for telescopes. These telescope suppliers manufacture, distribute, and/or sell telescopes branded Celestron, Meade, and Sky-Watcher, among others. Indirect purchasers are consumers and/or businesses that purchased telescopes from a retailer (e.g., Amazon, Costco, telescopes.com, bestbuy.com, and others) that had purchased telescopes from a Defendant.1
In November 2016, a California-based distributor and seller of telescopes, Optronic Technologies, Inc., d/b/a Orion Telescopes & Binoculars ® ("Orion") filed a lawsuit against Ningbo Sunny Electronic Co., Ltd. and its affiliates, identifying their primary competitor, Synta, for conspiring to divide the market, fix prices, and suppress competition in violation of the Sherman, Clayton, and California Cartwright Acts, as well as California’s unfair competition law. Following a six-week trial, the jury reached a verdict in favor of Orion, awarding it $16.8 million in single damages, which was trebled to $50.4 million.
The foregoing law firms have since filed a class action lawsuit on behalf of consumers and businesses alleging that telescope purchasers paid artificially inflated prices for telescopes during the period from January 1, 2005 through the present and have thereby suffered damages as a result of the unlawful conduct unearthed in the Orion case.
If you purchased a telescope for your own use and not for resale during the period from and including January 1, 2005 through the present and would like to serve as a Class Representative, please contact us for more information.
About Cotchett, Pitre & McCarthy, LLP (www.cpmlegal.com)
Cotchett, Pitre & McCarthy, LLP, based in the San Francisco Bay Area for over a half-century, engages exclusively in litigation and trials. The firm’s dedication to prosecuting or defending socially just actions has earned it a national reputation.
About Lieff Cabraser Heimann & Bernstein, LLP (www.lieffcabraser.com)
Lieff Cabraser is committed to achieving justice for our clients through class actions and individual lawsuits. Since its founding in 1972, it has helped recover over $124 billion in verdicts and settlements for its clients nationwide.
About Susman Godfrey L.L.P. (www.susmangodfrey.com)
For more than 40 years, Susman Godfrey has focused its nationally recognized practice on just one thing: high-stakes commercial litigation. We are one of the nation’s leading litigation boutique law firms with offices in Houston, Seattle, Los Angeles and New York. We have a unique perspective, the will to win, and an uncommon structure, which taken together provide the way to win.
1 "Defendants" collectively refer to Ningbo Sunny Electronic Co., Ltd., Synta Technology Corp. of Taiwan, Celestron Acquisition, LLC, SW Technology Corp., Olivon USA, LLC, Suzhou Synta Optical Technology Co., Ltd., Nantong Schmidt Opto-Electrical Technology Co., Ltd., Synta Canada International Enterprises Ltd., Pacific Telescope Corp., Olivon Manufacturing Co. Ltd., Dar Tson "David" Shen, Jean Shen, Sylvia Shen, Joseph Lupica, Dave Anderson, Corey Lee, Jack Chen, and Laurence Huen.
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Cotchett, Pitre & McCarthy, LLP
Lieff Cabraser Heimann & Bernstein, LLP
Susman Godfrey L.L.P.