Auto Parts INDIRECT Purchaser Antitrust Litigation, Round 4 Settlement

Settlement Structure: Claims Made

Active: Closed

Closed Settlement Statement:
According to court documents, the claim submission deadline has passed. Please contact the claims administrator if you have any questions.

Case Summary:

This large lawsuit has been assembled from various antitrust class actions against makers of auto parts. The complaints allege that the makers entered into unlawful agreements that caused people to pay more for automobiles and parts than they would have otherwise. Round 1, 2, and 3 settlements included 11, 12, and 33 defendants respectively; this Round 4 settlement has achieved agreements with another 17 defendants. The case is continuing with other, non-settling defendants.

Round 4 includes makers of Air Conditioning Systems, Automotive Brake Hoses, Automotive Constant-Velocity-Joint Boot Products, Automotive Hoses, Automotive Steel Tubes, Body Sealing Products, Ceramic Substrates, Exhaust Systems, Electronic Powered Steering Assemblies, Fuel Injection Systems, Heater Control Panels, Ignition Coils, Interior Trim Products, Occupant Safety Systems, Power Window Switches, Side-Door Latches, Shock Absorbers, Steering Angle Sensors, Switches, and Valve Timing Control Devices.

Docket Number:

2:12-md-02311

Company: Bosch

Filing Deadline: December 31, 2019

Objection Deadline: November 19, 2019

Exclusion Deadline: November 19, 2019

Final Approval Hearing: December 10, 2019

Proof of Purchase:

No documentation is asked for at this time, but the claim form warns that it may be asked for in the future.

Eligibility:

Many classes and class periods are included in this Round 4 settlement. Generally speaking, the Notice says, you may be eligible if, between 1990 and 2019, you (1) bought or leased a qualifying new vehicle in the US that was not for resale, or (2) paid to replace one or more of the qualifying vehicle parts at issue in this round. Qualifying vehicles generally include new four-wheeled passenger autos, vans, SUVs, crossovers, and pickup trucks.

Only those who bought or leased a vehicle or bought a replacement part while living in (for individuals) or having their principle place of business in (for businesses) certain places are eligible for monetary benefits from the settlements. These include the District of Columbia, Arizona, Arkansas, California, Florida, Hawaii, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oregon, Rhode Island, South Carolina, South Dakota, Tennessee, Utah, Vermont, West Virginia, and Wisconsin.

Typical Settlement Amount:

The Notice estimates that every class member will receive at least $100, plus some pro rata share of the remaining net settlement fund depending on the parts involved. However, final amounts can only be determined when all claims have been reviewed.

Total Settlement Amount: Round 4: $184 million; Total to date: approximately $1.2 billion

Class Representative Proposed Incentive Fee:

Unknown

Law Firms:
Cotchett Pitre & McCarthy
Robins Kaplan LLP
Susman Godfrey LLP

Claim Form: Automotive Parts Antitrust Litigation, Round 4 Settlement Claim Form

Case Name: In re: Automotive Parts Antitrust Litigation

Settlement Website: Automotive Parts Antitrust Litigation, Round 4 Settlement Website

Claims Administrator:
Garden City Group, LLC

Claims Administrator Contact Information:

Auto Parts Settlements
c/o GCG
P.O. Box 10163
Dublin, OH 43017-3163
1-877-940-5043
info@AutoPartsClass.com

Tags: Antitrust, Collusion and Price Fixing