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Wednesday, 03 July 2019 17:15

$10,865,004 in Settlements Reached in Price Fixing Class Action Lawsuit

Freed Kanner London & Millen LLC; Kohn, Swift & Graf, P.C.; Preti, Flaherty, Beliveau & Pachios, LLP; and Spector Roseman & Kodroff, P.C. announce that the United States District Court for the Eastern District of Michigan Southern Division has approved the following announcement of proposed class action settlements with the Mitsubishi Electric Defendants, Hitachi Automotive Systems, Ltd. ("HIAMS") Defendants, DENSO Defendants and MITSUBA Defendants.

The settlements resolve allegations against the Settling Defendants that they conspired to raise, fix, maintain and stabilize prices, rig bids and allocate the supply of starters sold in the United States, in violation of federal antitrust laws.

 

The settlements affect those who purchased starters in the United States between January 1, 2000, and March 12, 2018 directly from any one of the following entities (or depending on the specific settlement agreements, their parents, subsidiaries, affiliates or joint ventures): Mitsubishi Electric Corporation; Mitsubishi Electric US Holdings, Inc.; Mitsubishi Electric Automotive America, Inc.; Hitachi Automotive Systems, Ltd.; Hitachi, Ltd.; Hitachi Automotive Systems Americas, Inc.; DENSO Corporation; DENSO International America, Inc.; MITSUBA Corporation; American Mitsuba Corporation; Nikko Electric Industry; and Robert Bosch GmbH.

 

A hearing will be held on October 3, 2019, at 11:00 a.m., before Marianne O. Battani, United States district judge, at the Theodore Levin United States Courthouse in Detroit, MI, for the purpose of determining whether the proposed settlements with the Mitsubishi Electric Defendants, HIAMS Defendants, DENSO Defendants, and MITSUBA Defendants totaling $10,865,004 should be approved by the Court as fair and reasonable.

 

A Notice of Proposed Settlements was mailed to potential Settlement Class members on or about June 27, 2019. 

 

The Notice and other important documents related to the Settlements can be accessed at www.AutoPartsAntitrustLitigation.com/Starters, or by calling 1-877-670-0867, or writing to Starters Direct Purchaser Antitrust Litigation, P.O. Box 3076, Portland, OR, 97208-3076.

 

Obtained via PRNewswire.

 

 

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