August 01, 2018
A group of car dealers has asked a federal judge in Michigan to approve a $10.8 million settlement in a proposed class action against Tokai Rika Co. Ltd., resolving multidistrict litigation accusing the Japanese auto parts maker of taking part in a bid-rigging and price-fixing conspiracy involving many others.
March 31, 2015
Panasonic Corp. will pay $5.4 million to settle auto dealerships' allegations in three Michigan federal suits that it fixed prices on switches and other parts, after striking a separate $17.1 million deal in the multidistrict litigation, a Monday filing said.