Auto Parts Cos. Sued Again Over Price-Fixing Scheme

Law360, New York (October 7, 2011, 7:57 PM EDT) -- Seven auto parts suppliers were socked Thursday with a second putative class action in as many days claiming they orchestrated an international price-fixing conspiracy involving the sale of auto parts, just a week after one of the suppliers pled guilty to charges it participated in the scheme.

The suit, filed in California federal court, accuses the companies, including Japan-based Furukawa Electric Co. Ltd. and U.S.-based Delphi Automotive LLP and Lear Corp., of "engaging in a massive, decadelong conspiracy to unlawfully fix and artificially raise the prices"...
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