We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Auto Bearings Buyers Seek Final OK Of $21M Settlement

Law360, New York (September 12, 2017, 1:46 PM EDT) -- 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.

The agreement would end claims by direct purchasers that Schaeffler Technologies AG & Co. KG unlawfully colluded with other manufacturers to fix the prices of automotive devices, including ball bearings, tapered roller bearings, roller bearings, mounted bearings, and parts and components...
To view the full article, register now.




Case Information

Case Title

Bearings - Direct Purchaser Actions

Case Number



Michigan Eastern

Nature of Suit



Marianne O. Battani

Date Filed

September 5, 2012

Law Firms


Judge Analytics

Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.