November 09, 2018
Cotchett Pitre & McCarthy LLP, Robins Kaplan LLP and Susman Godfrey LLP will be taking home $108 million in attorneys' fees from the third round of settlements in multidistrict litigation accusing a host of automotive part manufacturers of conspiring to fix prices, a Michigan federal judge has ruled.
September 25, 2017
A Michigan federal judge on Monday approved several multimillion-dollar settlements resolving claims by auto parts purchasers that a raft of companies conspired to rig prices for in-car parts and electronic systems, blessing Denso Corp.'s $193.8 million deal, Mitsubishi Electric Corp.'s $64 million deal and Japanese auto wiring supplier Furukawa Electric Co.'s $42.5 million deal.
September 15, 2017
The Sixth Circuit on Friday tossed objections to a portion of $379.4 million in settlements reached in multidistrict litigation that alleged that several companies had a role in a conspiracy to rig prices on various auto parts, after the objectors failed to follow proper procedure.
September 01, 2016
Two Japanese companies accused of conspiring to fix prices for vehicle electronics systems will pay U.S. consumers more than $3.7 million to end claims stemming from the scheme, according to proposed settlements filed in Michigan federal court Wednesday.
August 17, 2016
Japanese auto wiring supplier Furukawa Electric Co. will pay $42.5 million to resolve claims that it secretly agreed with other companies to rig the price of in-car electronic systems since the late 1990s, according to a proposed settlement filed in Michigan federal court Wednesday.
June 08, 2016
Mitsubishi Electric Corp. won a judge's early approval of a $64 million deal to resolve claims with car buyers in multidistrict litigation accusing the company of having a role in a massive conspiracy to rig prices on auto parts, according to a filing in Michigan on Wednesday.
May 06, 2016
Car buyers in multidistrict litigation over auto parts price-fixing allegations asked a Michigan federal judge Thursday to approve settlements with Mitsubishi and other manufacturers, saying the deals will deliver more than $225 million to the settlement classes and help cases against companies remaining in the MDL.
April 15, 2016
Mitsubishi Electric Corp. will pay $84.4 million to resolve claims by car buyers and auto dealers in multidistrict litigation accusing the company of conspiring with others to fix prices on auto parts, according to Friday filings in Michigan federal court.
March 15, 2016
A Michigan federal judge signed off Tuesday on a settlement reached between Mitsubishi Electric Automotive America Inc., Takata Corp. and a slew of other auto companies and three individual consumers in multidistrict litigation, resolving claims the companies fixed prices on auto parts.
April 02, 2015
Hitachi Automotive Systems Ltd. will pay $46.7 million to settle allegations in nine Michigan federal suits that it fixed prices on alternators, starters and other auto parts, according to a Thursday filing, making it the latest company to settle claims in the multidistrict litigation.