Emersonfirm Launches Investigation into Recreational Telescope Price Fixing
Attention: Celestron or Meade Telescope Owners:
A jury recently found Defendants Ningbo Sunny Electronic Co. Ltd., Sunny Optics Inc., and Meade Instruments Corp. liable for nearly $17 million in damages for suppressing competition and conspiring to fix the prices of recreational telescopes. According to several follow-on class action complaints, Defendants allegedly agreed to divide the market for manufacturing recreational telescopes by sharing information about pricing and credit terms, acquisition plans, shared employees, and customer orders. The complaints also allege that the Defendants systemically acquired distributors and brands to create a vertically integrated manufacturing, distribution, and sales conglomerate, which was not properly disclosed to the Federal Trade Commission. As a result of the alleged conspiracy, Defendants charged artificially inflated prices for recreational telescopes.
If you know any individual or entity that purchased a telescope directly from Meade or Celestron, including from websites such as www.celestron.com or www.meade.com, from July 1, 2013 to the present, we are interested in speaking with you and/or your contacts. Direct purchasers of telescopes include individual consumers, educational institutions, non-profit organizations, and observatories, among others.
IMPORTANT: Please contact us using the form below or call us at 800-551-8649, or via e-mail to Tanya Autry (firstname.lastname@example.org) or John G. Emerson (email@example.com) and we will promptly get back to you to discuss your situation.