6th Circ. Says Insurers' Auto Parts Claim Came Too Late
By Matthew Perlman (May 13, 2022, 7:58 PM EDT) -- The Sixth Circuit on Friday found a company's efforts to lodge claims on behalf of eight automobile insurers for pieces of $1.2 billion in class settlements in the long-running auto parts price-fixing litigation came too late.
A Sixth Circuit panel issued a published opinion rejecting an appeal from Financial Recovery Services LLC, which looked to intervene in the auto parts case in order to submit claims for settlements inked between manufacturers and a class of end-payors that includes consumers and businesses that purchased the parts or vehicles containing them.
A Michigan federal court denied the intervention bid in November 2020 after finding...
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