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`Case 3:14-cv-03264-JD Document 2993 Filed 11/03/23 Page 1 of 3
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`UNITED STATES DISTRICT COURT
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`NORTHERN DISTRICT OF CALIFORNIA
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`SAN FRANCISCO DIVISION
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`IN RE CAPACITORS ANTITRUST
`LITIGATION
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`THIS DOCUMENT RELATES TO:
`DIRECT PURCHASER CLASS ACTION
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`Master File No. 3:17-md-02801-JD
`Civil Action No. 3:14-cv-03264-JD
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`[PROPOSED] ORDER AUTHORIZING
`DISTRIBUTION OF FIFTH ROUND
`SETTLEMENT FUNDS
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`Master File No. 3:17-md-02801-JD
`Case No. 3:14-cv-03264-JD
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`[PROPOSED] ORDER AUTHORIZING DISTRIBUTION OF FIFTH ROUND SETTLEMENT FUNDS
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`Case 3:14-cv-03264-JD Document 2993 Filed 11/03/23 Page 2 of 3
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`This matter is before the Court on Direct Purchaser Class’s Motion for an Order
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`Authorizing Distribution of Settlement Funds (the “Motion”), MDL ECF No. 1968, in connection
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`with the Class’s settlements with defendants Matsuo Electric Co., Ltd., Nippon Chemi-Con Corp.,
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`and United Chemi-Con, Inc. (collectively the “Settling Defendants”). See MDL ECF No. 1713.
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`On January 10, 2023 the Court granted final approval of the Round 5 Settlements (the
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`“Final Approval Order”). MDL ECF No. 1845. The Court determined in its Final Approval Order
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`that due and adequate notice of the settlements was provided to the Settlement Class. Id. ¶ 7. The
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`Round 5 Settlements are now final. The Round 5 Settlement funds due to date have been deposited
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`in an escrow account and have accrued interest which is included in the Round 5 Settlement funds
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`to be distributed to the Class. There are no pending disputes or objections in relation to the Round
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`5 Settlements. Having considered the Motion and papers filed in support thereof, it is hereby
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`ORDERED that:
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`1.
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`The Court has previously determined that the plan of allocation described in the
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`Class’s Motion for Final Approval of Fifth Round Settlements is, in all respects fair, adequate, and
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`reasonable. MDL ECF No. 1845, ¶ 9.
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`2.
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`The Court authorizes the distribution of all Round 5 Settlement funds to members
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`of the Settlement Class that timely submitted valid claim forms on or before July 29, 2022 as well
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`as those who submitted late claims but were otherwise eligible for payment (including claims for
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`incorporated capacitors), as determined by the Claims Administrator, Rust Consulting, Inc.; and
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`the Joseph Saveri Law Firm, LLP, Lead Class Counsel for Direct Purchaser Class, according to the
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`audit standards described in the Motion and set forth in Paragraph 4 of the Declaration of Tiffaney
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`Janowicz, dated August 24, 2023.
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`3.
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`The Claims Administrator may deduct and pay its requested outstanding
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`administration fees and expenses, and estimated future work in administering the settlement fund
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`to completion, in the amount of $269,417.24 (including $49,941.00 toward anticipated costs of
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`ongoing claims administration and disbursement of funds through 2026) and distribute the
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`remainder to Settlement Class members that submitted valid claim forms that have passed the audit
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`Master File No. 3:17-md-02801-JD
`Case No. 3:14-cv-03264-JD
`1
`[PROPOSED] ORDER AUTHORIZING DISTRIBUTION OF FIFTH ROUND SETTLEMENT FUNDS
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`Case 3:14-cv-03264-JD Document 2993 Filed 11/03/23 Page 3 of 3
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`standards according to the allocation plan for distributing settlement proceeds, as approved by the
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`Court in the Final Approval Order.
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`4.
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`The Court authorizes the pro rata distribution of all Round 5 Settlement funds to
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`Settlement Class members who submitted claims based on valid purchases of capacitors, after
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`making the payments as set forth in Paragraph 3 above. The Court also authorizes the pro rata
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`distribution of subsequent settlement payments made by Matsuo in accordance with the terms of
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`its settlement agreement with the Class as those funds are received.
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`IT IS SO ORDERED.
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`Dated: November 3, 2023
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`HON. JAMES DONATO
`United States District Judge
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`Master File No. 3:17-md-02801-JD
`Case No. 3:14-cv-03264-JD
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`[PROPOSED] ORDER AUTHORIZING DISTRIBUTION OF FIFTH ROUND SETTLEMENT FUNDS
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