Another settlement in auto parts price fixing multidistrict litigation

Continental Automotive Electronics LLC has agreed to pay nearly $4 million to car buyers to settle antitrust claims related to multidistrict litigation over an alleged auto parts price-fixing scheme. The settlement relates to instrument panel clusters that the company sold for use in cars sold in the U.S.

We earlier posted that a group of nine companies, including Nippon Siki Co. Ltd. and Lear Corp. agreed to pay $225 million to car purchasers in a settlement that was approved in Michigan federal court in June 2016. That same month, the court approved a $64 million deal covering auto parts purchases from Mitsubishi Electric Corp.

The case is In re: Automotive Parts Antitrust Litigation, case number 2:12-cv-00203-MOB-MKM, in the U.S. District Court for the Eastern District of Michigan.

Steve Larson
An experienced trial lawyer who handles both hourly and contingent fee cases, Steve has expertise in class actions, antitrust litigation, securities litigation, corporate disputes, intellectual property disputes, unfair competition claims, and disputes involving family wealth. Steve regularly represents individuals and businesses in federal and state court and has obtained class-wide recovery in multiple class actions. A veteran practitioner, Steve's clients value his creative approach to resolving complex litigation matters.

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