Automotive Parts Antitrust Litigation
Goldenberg Schneider has joined forces with attorneys from Spector Roseman & Kodroff, PC, and others in prosecuting putative class actions against some of the largest suppliers of automotive parts, alleging that they have engaged in a large-scale, decade-long conspiracy to unlawfully fix and artificially raise automotive part prices. These massive price-fixing class actions are being brought on behalf of direct purchasers who were overcharged for various kinds of automotive parts, including wire harness products, heater control panels, instrument panel clusters, fuel senders, occupant safety restraint system products, bearings, air conditioning systems, starters, windshield wiper systems, windshield washer systems, spark plugs, oxygen sensors, fuel injection systems, alternators, ignition coils and power window motors.
All cases are pending before Judge Marianne Battani in the United States District Court for the Eastern District of Michigan in Detroit. See In re Automotive Parts Antitrust Litigation, Case No. 2:12-md-02311-MOB-MKM. Goldenberg Schneider and its fellow counsel representing the direct purchaser plaintiffs have defeated all motions to dismiss filed to date in all product cases and reached settlements with four defendants totaling approximately $53 million. The U.S. Department of Justice, the Japan Fair Trade Commission and the European Commission continue to investigate the automotive parts industry, and criminal fines levied total $2.5 billion to date, with 35 companies and 29 executives having pleaded guilty or having agreed to plead guilty in the United States.