http://paloaltoonline.com/square/print/index.php?i=3&d=&t=20818


Town Square

Palo Alto to launch class-action lawsuit against battery makers

Original post made on May 7, 2013

Palo Alto on Monday became one of California's first public agencies to charge into the legal battle against global companies accused of conspiring to fix prices of lithium-ion batteries.

Read the full story here Web Link posted Tuesday, May 7, 2013, 2:52 PM

Comments

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Posted by Not-Impressed
a resident of Another Palo Alto neighborhood
on May 7, 2013 at 3:43 pm

So, how much money does the City think that it has lost because of this alleged price fixing? Are we talking hundreds of dollars, or hundreds of thousands of dollars?

How is the City going to prove its loss? If it knows now how many batteries it has purchased in the past, why not tell us now?

Another waste of time.


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Posted by Craig Laughton
a resident of College Terrace
on May 7, 2013 at 8:30 pm

This appears to be one of those tiresome symbolic green accusations. Why? Because lithium-ion battery technologies are so important to the notion that we can all get along on electric vehicles. The cheaper they are, then the more acceptance. There is very little consideration of how these batteries get recharged, which is a much more important issue than the cost of the batteries.

Once again, Palo Alto city council goes out on a limb, with its own saw to cut it off.


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Posted by Lee
a resident of College Terrace
on May 7, 2013 at 10:36 pm

Unless I'm missing something here, the city is devoting resources to pursue a law suit that if ultimately successful, will net the litigating law firms millions in fees from a settlement, and the city will get a check for $5, typical for a class action participant. I'd say the city has too many lawyers on staff if this is what they are doing.


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Posted by A Noun Ea Mus
a resident of Professorville
on May 8, 2013 at 11:16 pm

I have it on good authority that this lawsuit is expanding. Also being sued for local price fixing, and added to the this very class action suit, is Leslie Salt Company. There will be a number of lawsuits incoming, listing alphabetically.

First One Up..

A. Salt and Battery