Linear resistors are used in computers, smartphones, gaming consoles, home appliances and televisions, among other products. A class action settlement has been reached with Kamaya Electric Co., Ltd. and Kamaya, Inc. (collectively “Kamaya”) that may affect your rights if you bought an electronic device containing them between July 9, 2003 and September 14, 2015.
Kamaya has agreed to pay $770,000 for the benefit of settlement class members. Kamaya has also agreed to provide early co-operation to the plaintiffs in pursuing their claims against other defendants. In exchange, Kamaya will be provided with a full release of the claims against them and the class actions against them will be dismissed.
The settlement, which was negotiated over several months, is not an admission by Kamaya of liability, fault, or wrongdoing. It is a compromise of disputed claims. The plaintiffs sought and were granted certification/authorization of these class actions in Ontario and Québec for settlement purposes only. The settlement is subject to court approval. There will be settlement approval hearings in Ontario and Québec.
Settlement approval hearings will be held in the Superior Court of Québec on November 23rd and in the Ontario Superior Court of Justice on November 25th, 2021. A complete public notice with more information about the settlement process and with related contact information is available.
To tell the courts what you think about the proposed settlement or speak to the courts at the settlement approval hearings, send a written submission to Foreman & Company, 4 Covent Market Place, London, ON, N6A 1E2 or by e-mail to [email protected], which must be received by November 17, 2021 at the latest.