July 29, 2019
A group of auto dealers on Monday asked a Michigan federal judge to approve a proposed $2.4 million deal in sprawling multidistrict litigation claiming that an affiliate of a Swedish-based automotive bearings supplier engaged in an anti-competitive price-fixing scheme in the U.S.
November 29, 2016
Japanese bearing manufacturer NTN Corp. has reached a $2.1 million agreement to settle allegations by a proposed class of car dealerships that the company conspired to fix the price of bearings used in vehicles, court papers show.
August 27, 2014
A Michigan federal judge on Tuesday rejected bearings manufacturer SKF USA Inc.'s attempt to dodge multidistrict litigation accusing auto parts manufacturers of bid-rigging and fixing prices, ruling the plaintiffs did not need to spell out SKF's exact role in the conspiracy.