Request Legal Help Now - Free

Advertisement
LAWSUITS NEWS & LEGAL INFORMATION

$84M Settlement Reached in Mitsubishi Antitrust Class Action Lawsuit


This is a settlement for the Antitrust lawsuit.

Santa Clara, CA: A US$ 84,512,195 settlement has been reached between Mitsubishi Electric Corporation and its subsidiaries, Mitsubishi Electric US Holdings, Inc. and Mitsubishi Electric Automotive America, Inc., and indirect purchaser plaintiffs in a class action lawsuit alleging price-fixing of certain automotive parts.

The suit was filed in February 2013 against Mitsubishi Electric and its subsidiaries claiming indirect purchasers in the US had suffered damages as a result of an alleged antitrust violation concerning the pricing of certain automotive parts. Mitsubishi Electric and its subsidiaries decided to enter into the settlement agreement, considering the expense of a long period of litigation.

The settlement agreement is subject to court approval.

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please fill in our form.
Published on Apr-18-16


READER COMMENTS

Posted by

on
No one has reached me yet. What is the delay please? Pricing concerns, and issues on parts that were way too expensive.

Posted by

on
just bought 2014 new mitsubishi

ADD YOUR COMMENT ON THIS ISSUE

Fields marked * are mandatory. Please read our comment guidelines before posting.

*Name:

Note: Your name will be published with your comment.

*Email Address:

Your email will only be used if a response is needed.
*Your Comment:

Are you the defendant or a subject matter expert on this topic with an opposing viewpoint? We'd love to hear your comments here as well, or if you'd like to contact us for an interview please submit your details here.

Request Legal Help Now! - Free