Representation of defendants in an antitrust action which alleges participation in a conspiracy to manipulate and "hijack" a cryptocurrency network. This is alleged to be a case of first impression, the first antitrust action to be brought in the United States involving cryptocurrency.
Prosecuted the claims of an electronic distributor against the major world-wide manufacturers of dynamic random access memory ("DRAM") computer chips for violation of the federal antitrust laws. Bilzin Sumberg brought suit to recover damages the client incurred as a result of the DRAM manufacturers' participation in a price-fixing conspiracy. The action, which was pending in the United States District Court for the Northern District of California, alleged violations of Section 1 of the Sherman Act. Our team alleged that during the period of the price-fixing conspiracy, DRAM suppliers conspired to control production capacity, raise prices or slow their decline, allocate customers, and otherwise unlawfully overcharge their DRAM customers, which caused the electronics distributor damages in excess of $100 million. Our team negotiated settlements with all of the defendants named in the Complaint, and allowed our client to achieve one of the highest percentage recoveries of all the class and opt-out plaintiffs in the MDL. The recovery that Bilzin Sumberg was able to recover for its client is particularly noteworthy given that it did not pursue claims against its primary supplier of DRAM - which accounted for over 95% of its DRAM purchases.
Represented the bankruptcy estate of All American Semiconductor, Inc., in the prosecution of an antitrust action for price-fixing in the Northern District of California against the major manufacturers of DRAM.
Lead counsel to AnsaldoBreda, Inc., an Italian global transportation company, in securing a $300 million contract award by Miami-Dade County for the procurement of 136 heavy rail (Metrorail) vehicles. This is the largest procurement by Miami-Dade County Transit outside of the construction contracts ...