Class Action
Mar. 13, 2025
San Jose judge certifies antitrust class against telescope giants
A federal judge certified a class action against telescope firms accused of price-fixing, misleading regulators, potentially worth hundreds of millions, though defendants challenge the merits and expert analysis.
An attorney representing the plaintiffs in a certified antitrust class action against a "shadowy network of companies" that make up 80% of the U.S. telescope market said Wednesday that his clients' claims could be worth "hundreds of millions of dollars" after a San Jose federal judge granted class certification.
U.S. District Judge Edward J. Davila's order Monday certified the class of direct purchaser plaintiffs. The lawsuit accuses Celestron Acquisit...
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