- Acumen Powered by Robins Kaplan LLP®
- Affirmative Recovery
- American Indian Law and Policy
- Antitrust and Trade Regulation
- Appellate Advocacy and Guidance
- Business Litigation
- Civil Rights and Police Misconduct
- Class Action Litigation
- Commercial/Project Finance and Real Estate
- Corporate Governance and Special Situations
- Corporate Restructuring and Bankruptcy
- Domestic and International Arbitration
- Entertainment and Media Litigation
- Health Care Litigation
- Insurance and Catastrophic Loss
- Intellectual Property and Technology Litigation
- Mass Tort Attorneys
- Medical Malpractice Attorneys
- Personal Injury Attorneys
- Telecommunications Litigation and Arbitration
- Wealth Planning, Administration, and Fiduciary Disputes
Acumen Powered by Robins Kaplan LLP®
Ediscovery, Applied Science and Economics, and Litigation Support Solutions
-
October 10, 2024Michael Collyard and Ronald Schutz Named to Minnesota Lawyer’s Power 30: Business Litigation List
-
October 9, 2024Michael Geibelson Named to Daily Journal’s Top Trade Secrets Lawyers
-
October 8, 2024Robins Kaplan Partners Named Women Worth Watching in Leadership
-
October 20, 2024License Agreement Disputes:
-
October 21, 2024How Much Did We Invest in AI?
-
October 22, 2024Justice for All: Minnesota's Civil Legal Aid and Pro Bono Landscape
-
September 2024Meet Our New Partner and Trial Advocacy Seminar Keynote Speaker: B. Todd Jones
-
September 2024Q&A with Alan Harter, Founder of Pactolus Private Wealth Management
-
August 2024Recruiting & Retaining Diverse Attorneys: Building an Inclusive Legal Profession
-
September 16, 2022Uber Company Systems Compromised by Widespread Cyber Hack
-
September 15, 2022US Averts Rail Workers Strike With Last-Minute Tentative Deal
-
September 14, 2022Hotter-Than-Expected August Inflation Prompts Massive Wall Street Selloff
Find additional firm contact information for press inquiries.
Find resources to help navigate legal and business complexities.
Settlements Continue to Build in Ongoing Auto Parts Antitrust Litigation
Newest Settlements Bring Total Recoveries to Almost $200 Million
August 26, 2015
New York, NY—August 26, 2015—Plaintiffs announced today that two additional settlements have been reached in the massive antitrust proceedings against automobile parts manufacturers. The settlements call for:
- T.RAD to pay $7.41 million; and
- Fujikura to pay $7.14 million.
Total settlements in the end-payor case, where class members include businesses and consumers who purchased or leased new automobiles, have now reached almost $200 million.
Hollis Salzman, co-lead counsel for the end-payor plaintiffs and co-chair of Robins Kaplan LLP’s Antitrust and Trade Regulation Practice, represents a group of more than 50 individuals who purchased or leased new automobiles containing the auto parts at issue in the litigation.
“We’re pleased that these additional settlements continue to compensate victims of the conspiracy,” said Salzman. “Also, each of the settling defendants has agreed to provide substantial cooperation, which will assist consumers and businesses in their continued litigation against the non-settling defendants.”
Total recoveries to date are reflected in the below infographic.
The allegations in the class actions stem from a Department of Justice antitrust investigation that has already resulted in corporate fines of more than $2.5 billion. To date, more than 35 different companies and 55 executives have pleaded or agreed to plead guilty as a result of the Department of Justice’s ongoing investigation into price-fixing and bid-rigging in the auto parts industry.
Additional background
On Hollis Salzman:
- Salzman serves as co-chair of the Antitrust and Trade Regulation Practice at Robins Kaplan LLP in New York. She also serves as assistant managing partner of the New York office.
- Salzman also serves as co-lead counsel in In re Air Cargo Shipping Services Antitrust Litigation, a private antitrust action against air cargo carriers that has resulted in over $1 billion in settlements to date.
- Robins Kaplan LLP attorneys Bernard Persky and William Reiss also represent the plaintiffs.
On civil proceedings:
- The case, formally titled In re Automotive Parts Antitrust Litigation, is a multi-district litigation (MDL) pending before the Hon. Marianne Battani in the United States District Court for the Eastern District of Michigan.
- The proceeding was coordinated before Judge Battani in June 2012.
- Although captioned as a single MDL, the litigation is unprecedented in scope and complexity. Itcurrently encompasses 32 separate sets of cases and approximately 150 separate defendants, each involving different auto parts, different anticompetitive agreements, different conspirators, and different timelines.
On criminal investigation:
- Companies that have submitted guilty pleas include Aisan Industry Co., Ltd., Aisin Seiki Co., Ltd., Autoliv Inc., Bridgestone Corporation, Continental Automotive Electronics LLC, Continental Automotive Korea Ltd., DENSO Corporation, Diamond Electric Manufacturing Co., Ltd., Fujikura Ltd., Furukawa Electric Co., Ltd., G.S. Electech Inc., Hitachi Automotive Systems, Ltd., Hitachi Metals Ltd., JTEKT Corporation, Koito Manufacturing Co., Ltd., Mitsuba Corporation, Mitsubishi Electric Corporation, Mitsubishi Heavy Industries, Ltd., NGK Spark Plug Co., Ltd., Nippon Seiki Co., Ltd., NSK Ltd., Panasonic Corp., Sanden Corporation, Showa Corporation, Stanley Electric Co., Ltd., Takata Corp., Tokai Rika Co., Ltd., Toyo Tire & Rubber Co., Ltd., Toyoda Gosei Co., Ltd., T. RAD Co., Ltd., TRW Deutschland Holding GmbH, Valeo Japan Co., Ltd., Yamashita Rubber Co., Ltd., Yamada Manufacturing Co., Ltd., and Yazaki Corp.
Related Professionals
William V. Reiss
Partner
Related Publications
Related News
If you are interested in having us represent you, you should call us so we can determine whether the matter is one for which we are willing or able to accept professional responsibility. We will not make this determination by e-mail communication. The telephone numbers and addresses for our offices are listed on this page. We reserve the right to decline any representation. We may be required to decline representation if it would create a conflict of interest with our other clients.
By accepting these terms, you are confirming that you have read and understood this important notice.