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End-Payor Plaintiffs, et al v. Nippon Seiki Company, Ltd., et al
Case Number:
16-2085
Court:
Nature of Suit:
Companies
Sectors & Industries:
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February 28, 2017
Buyers Urge 6th Circ. To Back $225M Car Parts Antitrust Deal
Auto parts buyers and manufacturers staunchly defended settlements they reached as part of a larger $225 million deal resolving claims in multidistrict litigation that the manufacturers conspired to rig prices, urging the Sixth Circuit on Monday to shut down objectors trying to disrupt their deal.
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January 27, 2017
Objectors Blast Court For $225M Car Parts Antitrust Deal
Objectors to numerous settlements within a $225 million deal resolving claims by auto parts purchasers in multidistrict litigation accusing a slew of companies of conspiring to rig prices on parts urged the Sixth Circuit to set aside the district court's final orders approving a number of settlements under the deal, saying it abused its discretion.