Law360, Los Angeles (October 20, 2011, 6:34 PM EDT) -- A California federal judge on Thursday tentatively approved a $25 million settlement between a class of direct purchasers of automotive lighting products and several manufacturers accused in multidistrict and criminal litigation of participating in a wide-ranging price-fixing scheme.
The deal would settle claims against Depo Auto Parts Ind. Co. Ltd. and its U.S. subsidiary Maxzone Vehicle Lighting Corp., as well as fellow defendants Sabry Lee Ltd., headquartered in Taiwan, and its U.S. distributor, which agreed to pay $450,000 to class members.
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