The proposed representative plaintiff brought a motion to certify a class proceeding for settlement purposes against certain defendants in alleged price‑fixing within the static random access memory (SRAM) industry.
The action alleged breaches of Part VI of the Competition Act, civil conspiracy, and tortious interference with economic interests.
A national settlement had been reached with certain defendants, providing payment to class members and cooperation in the ongoing litigation against remaining defendants.
The court considered the certification criteria under s. 5 of the Class Proceedings Act, 1992 and found they were satisfied for settlement purposes.
The court approved certification against the settling defendants and approved the proposed notice and notice plan, setting a date for settlement approval proceedings.
