Bearings - Direct Purchaser Actions

  1. January 08, 2019

    Auto Bearings Buyers Lose Class Cert Bid In Antitrust MDL

    The first certification ruling in long-running multidistrict litigation over auto part price-fixing came out a loss for bearings buyers, as a Michigan federal judge found Monday that the distributors pushing to lead the class have too small a stake in the multitiered and massive bearings market to represent thousands of players.

  2. September 12, 2017

    Auto Bearings Buyers Seek Final OK Of $21M Settlement

    Direct purchasers of automotive and industrial bearings urged a Michigan federal court Monday to grant final approval of a $21 million settlement to end allegations that a German manufacturer participated in a global price-fixing scheme in multidistrict litigation over a wide-ranging auto parts price-fixing conspiracy.

  3. July 27, 2017

    Bearings Makers Fight Bid For Class Cert. In Auto Parts MDL

    Manufacturers of automotive and industrial bearings urged a Michigan federal court Wednesday to deny a certification bid by a class of direct buyers in multidistrict litigation accusing the manufacturers of conspiring to fix prices, saying the class is too broad.

  4. March 21, 2017

    Bearings Buyers Seek Class Certification In Auto Parts MDL

    Purchasers of automotive bearings on Monday asked a Michigan federal judge to certify a class of direct buyers accusing six manufacturers of conspiring to cook prices for the products in multidistrict litigation over a wide-ranging auto parts price-fixing conspiracy.

  5. August 29, 2014

    Auto Parts Makers Lose Bids To Nix Antitrust Suits

    A Michigan federal judge overseeing sprawling multidistrict litigation over auto part price-fixing refused Friday to dismiss claims direct purchasers brought against bearings and occupant safety restraints manufacturers, pointing to guilty pleas entered by some of the defendants in related criminal litigation.