$1.1 Billion in Automotive Parts Antitrust Litigation
Robins Kaplan serves as court-appointed co-lead counsel on behalf of proposed classes of businesses and consumers who purchased or leased new vehicles containing various price-fixed automotive parts. In this unprecedented multidistrict litigation, which to date encompasses 41 coordinated actions against more than 160 different defendants, plaintiffs allege that defendants participated in massive and prolonged conspiracies to fix the prices charged for dozens of automotive parts. Plaintiffs further allege that as a result of the defendants’ bid-rigging conspiracies, prices were inflated for these new vehicles. These cases arose out of what has been described as the largest United States Department of Justice antitrust-cartel investigation in history. Partial settlements to date in the case have now surpassed $1 billion.
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