Synta and Ningbo Sunny Settle $32M Class Action for Alleged Telescope Price-Fixing Conspiracy

Deadline
Deadline: May 20, 2025
Total Settlement Amount
Total amount allocated for all claims
Individual Payout Range
Estimated amount per eligible claim
Proof of Purchase
No receipts or confirming documentation required at this time, but counsel for the settlement may require proof of purchase or further documentation if any issue arise regarding the validity of your claim.
Settlement Summary
A $32 million settlement has been reached in a class action lawsuit against the largest consumer telescope companies in the U.S. including Synta and Ningbo Sunny amongst others. The lawsuit alleges that these companies engaged in a price-fixing conspiracy, rigging bids, and partitioning the U.S. telescope market, causing consumers to pay artificially high prices for telescopes since 2005. As per the lawsuit, these actions violated the Sherman Act, Clayton Act, as well as various state antitrust and consumer protection laws. To qualify for a payout from the $32 million settlement, one must have purchased a telescope manufactured by any defendant or alleged co-conspirator between January 1, 2005, and September 6, 2023, while residing in one of the qualifying U.S. states. The payout amount will depend on the number of valid and timely claim forms received. This case has broader implications as it underscores the importance of vigilant enforcement of antitrust laws across all sectors and reinforces consumers' rights to seek redress in cases of anticompetitive conduct. Similar cases in other industries serve as a cautionary tale for manufacturers and retailers, emphasizing that such collusion at the expense of consumers is both unlawful and punishable by heavy fines.
Entities Involved
Eligibility Requirements
- Must have purchased one or more telescopes from a retailer or distributor of telescopes that any defendant or alleged co-conspirator manufactured between January 1, 2005 and September 6, 2023
- The purchase must have been made while located in a qualifying U.S. state
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