Eagle Eyes Offers $3M To Settle Price-Fixing Suit

Law360, New York (July 29, 2013, 2:14 PM EDT) -- Taiwanese auto lights manufacturer Eagle Eyes Traffic Industrial Co. Ltd.'s has agreed to pay $3 million to purchasers of aftermarket auto lights to end antitrust litigation over its role in an international price-fixing conspiracy to which the company has already pled guilty, according to court documents filed Friday in California federal court.

The deal, which must be approved by a judge, requires Eagle Eyes and U.S. distributor E-Lite Automotive Inc. to continue assisting purchasers in their ongoing civil prosecution against remaining defendants TYC Brother Industrial Co....
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