The automotive parts settlement may benefit dealers who, during the relevant time periods, purchased a vehicle containing, or purchased one or more of the following parts manufactured by one or more of the settling defendants and/or their predecessors, subsidiaries and affiliates or those alleged to be their co-conspirators:
Full Answer
How much is the settlement fund for the auto parts case?
Update 11/20/19: Settlement fund is now $1.2 billion and you have until December 31st, 2019 to file a claim. 2 Who is Eligible? 3 How Much Will We Get? There’s a huge class action case against numerous auto parts manufacturers claiming that they are part of a price-fixing scheme.
Is there a class action case against auto parts companies?
Auto Parts Settlement There’s a huge class action case against numerous auto parts manufacturers claiming that they are part of a price-fixing scheme. The defendants are companies you probably never heard of, but whom you bought parts from indirectly either when purchasing/leasing a new vehicle or when changing a part in your vehicle.
Can I get a refund from the automotive parts settlement?
Our team has helped thousands of individuals and companies recover millions of dollars in refunds from dozens class action settlements. We welcome the opportunity to assist you in recovering a refund from the Automotive Parts settlement.
Are auto parts manufacturers part of a price-fixing scheme?
There’s a huge class action case against numerous auto parts manufacturers claiming that they are part of a price-fixing scheme. The defendants are companies you probably never heard of, but whom you bought parts from indirectly either when purchasing/leasing a new vehicle or when changing a part in your vehicle.
Auto Parts Settlement
There’s a huge class action case against numerous auto parts manufacturers claiming that they are part of a price-fixing scheme. The defendants are companies you probably never heard of, but whom you bought parts from indirectly either when purchasing/leasing a new vehicle or when changing a part in your vehicle.
Who is Eligible?
You may be included if, at any time between 1995 and 2018, depending upon the component part, you: (1) bought or leased a qualifying new vehicle in the U.S. (not for resale) or (2) indirectly purchased a qualifying vehicle replacement part (not for resale).
How Much Will We Get?
No idea. They aren’t giving estimates on this one as there are too many unknowns at this point.
Important Dates
1995 until 2018 are the years where the alleged price-fixing took place.
Final Thoughts
Just about everyone who owns a vehicle is included in this lawsuit. Even if you buy used, you likely replaced something or other over the years which would make you eligible.
Is there a class action settlement for wire harnesses?
No. The Wire Harness Class Action Settlements are in response to the Defendants’ alleged conspiracy to fix the price of Automotive Wire Harness Systems, which allegedly caused Settlement Class Members to pay too much for automotive Wire Harness Systems and eligible brand vehicles.
Is Honda a defendant in a class action?
No wrongdoing is alleged as against Honda, Nissan, Toyota, Subaru and General Motors. They are not defendants in the class actions. Honda, Nissan, Toyota, Subaru and General Motors were unaware of alleged price-fixing in respect of the Automotive Wire Harness Systems they purchased for installation in their automotive vehicles.
Can you apply for settlement benefits in an automotive wire harness case?
Subject to court approval, your eligibility for settlement benefits in those cases may depend on applying for settlement benefits in the Automotive Wire Harness case. If you do not apply for settlement benefits in the Automotive Wire Harness case, you may not be entitled to settlement benefits in those cases. For updates on the status of the proposed distribution of settlement funds, visit www.siskinds.com/autoparts.
What is the auto parts litigation?
The Automotive Parts Litigation includes four rounds of settlements arising from lawsuits against a number of auto parts makers who allegedly agreed to unlawfully raise the price of various vehicle component parts. As a result of the alleged agreements by these Defendants, consumers and businesses who purchased or leased qualifying new vehicles containing those parts may have paid more than they should have. These alleged acts violate U.S. Antitrust laws and are commonly referred to as price-fixing.
How much is the fourth round of settlements?
The fourth and final round of defendants (Round 4 Settlements) reached proposed settlements totaling approximately $184 million (September 2019), bringing the total of all four rounds to approximately $1.2 billion. If you purchased or leased a new vehicle or certain replacement parts in a qualifying state, you could be eligible for a refund ...
How many rounds of class action lawsuits were there?
Because of the number of Defendants that were included in the lawsuits, the class action was divided into four separate rounds. Each round included a group of defendants that were allegedly involved in the price-fixing. Round 1 Settlements totaled approximately $225 million (August 9, 2016), Round 2 totaled approximately $379 million (July 10, 2017) and the Round 3 Settlements totaled approximately $433 million (November 7, 2018). The fourth and final round of defendants (Round 4 Settlements) reached proposed settlements totaling approximately $184 million (September 2019), bringing the total of all four rounds to approximately $1.2 billion.
Can you get a refund on a car you leased?
If you purchased or leased a new vehicle or certain replacement parts in a qualifying state, you could be eligible for a refund from these settlements. If you are unsure if your vehicle or replacement part is included in the settlement, fill out the form below and we can help determine whether they are included. If it is, we can start processing your claim immediately and help you in securing the money you are rightfully owed.
Is Refund Recovery Group a law firm?
Refund Recovery Group is not a law firm and we do not give legal advice. Class members are not required to sign up with any third-party service in order to participate in the monetary relief for any class action, but may instead file their claim directly with the Claims Administrator at www.AutoPartsClass.com.
When will the Yazaki settlement be finalized?
The Court will hold a hearing on final approval of the proposed settlements on June 10, 2021. If you want to receive a share of the Yazaki or DENSO settlement funds, you must submit a valid Claim Form no later than June 14, 2021. Click here to see more information about these settlements.
When will the court approve the settlement of Nachi?
The Court will hold a hearing on final approval of the proposed settlement on June 10, 2021. If you want to receive a share of the JTEKT, Nachi, NSK, SKF and NTN settlement fund, you must submit a valid Claim Form no later than June 28, 2021. Click here to see more information about this settlement.
When will Denso be settled?
The Court will hold a hearing on final approval of the proposed settlement on February 17, 2022. If you want to receive a share of the DENSO settlement fund, you must submit a valid Claim Form no later than March 18, 2022. Click here to see more information about this settlement.
What is an antitrust case?
The Auto Parts Antitrust Litigation is a coordinated legal proceeding comprised of a number of cases involving different parts that were purchased directly or indirectly from a defendant for use in motor vehicles.
Who are the defendants in the Calsonic lawsuit?
The Court has granted final approval of settlements with the Calsonic, DENSO, MAHLE Behr, MHI, Panasonic, Sanden, and VALEO Defendants. The Claims Administration process is ongoing. Click here to see more information about these settlements.
Is the Denso settlement process ongoing?
The Court has granted final approval of settlements with the DENSO and MITSUBA Defendants. The Claims Administration process is ongoing. Click here to see more information about these settlements.
What are these lawsuits about?
The lawsuits claim that the Defendants in each lawsuit agreed to unlawfully raise the price of certain vehicle component parts. As a result, consumers and businesses who purchased or leased qualifying new vehicles (not for resale) containing those parts or who indirectly purchased qualifying replacement parts (not for resale) from the Defendants may have paid more than they should have. Although the Settling Defendants have agreed to settle, they do not agree that they engaged in any wrongdoing or are liable or owe any money or benefits to Plaintiffs. The Court has not yet decided who is right.
What is a class action lawsuit?
A class action lawsuit is a lawsuit filed or defended by an individual or small group on behalf of a large group who have a similar legal claim. Class action lawsuits provide a more efficient method to recover monetary damages because they allow people to join together as a group in a single lawsuit against one or more defendants.
Do I need to hire Refund Advocacy to receive a recovery from a class action settlement?
No, you do not have to hire Refund Advocacy or any other third-party claim-filing firm to obtain a recovery.
What is this case about?
Auto part manufacturers allegedly entered into unlawful agreements to raise the price of a certain vehicle components.
WHAT DO I NEED TO SUPPLY TO FILE A CLAIM?
We will need your vehicle and/or parts purchase records during the class period, including make, model, date of purchase or lease, state of purchase, and VIN number.
Auto Parts Settlement
Who Is Eligible?
- You may be included if, at any time between 1995 and 2018, depending upon the component part, you: (1) bought or leased a qualifying new vehicle in the U.S. (not for resale) or (2) indirectly purchased a qualifying vehicle replacement part (not for resale). Indirectly means you bought the vehicle replacement part from someone other than the manufacturer of the part. In general, qual…
How Much Will We get?
- No idea. They aren’t giving estimates on this one as there are too many unknowns at this point. They’ve now set the estimate at $100 or more per person.
Important Dates
- 1995 until 2018 are the years where the alleged price-fixing took place.
- Final date to submit a claim – unknown
- Hearing Date – unknown
- Payments may be distributed to members of the Settlement Classes after the Court grants final approval to the Round 3 Settlements and any appeals from such approvals are resolved…
- 1995 until 2018 are the years where the alleged price-fixing took place.
- Final date to submit a claim – unknown
- Hearing Date – unknown
- Payments may be distributed to members of the Settlement Classes after the Court grants final approval to the Round 3 Settlements and any appeals from such approvals are resolved. Appeals can take...
Final Thoughts
- Just about everyone who owns a vehicle is included in this lawsuit. Even if you buy used, you likely replaced something or other over the years which would make you eligible. Note, it’s not an easy class action settlement to take part of – they ask for your VIN number and documentation of the your purchase or lease. Also, don’t expect to see any money from this for quite some time. Hat ti…