Years ago a bunch of auto parts manufacturers got together and illegally fixed the price of certain car parts. Because car makers paid too much, they charged you too much. An investigation by the Department of Justice uncovered this scheme, leading to them paying a $1.2 Billion settlement to people who overpaid for their cars.
Full Answer
How much is the automotive parts price-fixing class action settlement worth?
In total, the automotive parts price-fixing class action settlement is now more than $715 million. UPDATE 2: On July 10, 2017, the court granted the Round 2 Settlements final approval. Top Class Actions will continue to provide updates as we learn more.
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.
What is the minimum payment for an auto parts settlement?
It is anticipated that all claims will receive a minimum payment of $25. What happens in the event of other auto parts settlements? There are approximately 40 cases ongoing in Canada regarding the alleged price-fixing of auto parts.
Why did the class action lawsuit ruse re-emerge?
Can you get a bogus check as an advance payment?
Do you have to pay a lawsuit up front?
Do you need to provide bank account numbers for class action lawsuits?
Does the Better Business Bureau make phony calls?
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How do I determine if a class action settlement offer is legitimate?
I got notification on this today, and while I agree it all looks legit, I am somewhat concerned that this was my first notice and that Exclusions must be submitted or postmarked no later than April 10, 2017. I will ignore it (as on top of it I am moving back to Europe in a few weeks), but it didn't make sense to me that I was notified so late in the game, without a real option to exclude ...
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Updates
If you submitted data to us, it’s safely stored and has been submitted.
2021 Update
It’s been almost a year since the filing deadline, so what’s happening?
September Update
It’s been over three months since the filing deadline, so what’s happening?
Final Filing deadline passed
The deadline for filing claims is passed. If you have a valid claim we will update you as soon as we know more.
Extension Requested
Co-Lead Class Counsel filed a notice with the Court to inform the Court of their intent to request an extension of the claims deadline as a result of an outage in the filing system.
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.
Why did the class action lawsuit ruse re-emerge?
The class action lawsuit ruse re-emerged to take advantage of today’s economic troubles. In this scam, consumers are notified out of the blue—usually via incoming e-mail or an unsolicited telephone call—that they are entitled to thousands of dollars because of a recent settlement.
Can you get a bogus check as an advance payment?
In some cases, you may even be mailed bogus checks as an advance payment and told to call a provided phone number for further instructions on how to get the balance. Don’t take the bait, as these ploys are sure signs of a scam. In legitimate lawsuits, you never have to pay up front.
Do you have to pay a lawsuit up front?
Don’t take the bait, as these ploys are sure signs of a scam. In legitimate lawsuits, you never have to pay up front. And, as always, be suspicious of any check you receive unexpectedly. Among the other red flags of a bogus lawsuit scam:
Do you need to provide bank account numbers for class action lawsuits?
And in real judgments against banks or credit card companies, consumers do not need to provide bank account numbers so the award can be direct-deposited—consider such a request a red flag for fraud.
Does the Better Business Bureau make phony calls?
Another recent scheme, reports the Better Business Bureau, involves phony notifications to owners of small businesses that they are being sued. The callers pretend to be from the BBB—they claim that the business owner can avoid the lawsuit by paying a fee to have complaints removed from BBB files. In reality, the BBB makes no such calls. Business owners should contact their local BBBchapter if they receive such notifications.
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.
How to look up a class action lawsuit?
You can look up both pending and settled lawsuits. Enter the name of the company in the "Litigation Name" box and search. If nothing comes up, your lawsuit may be a scam.
What to do if you suspect a class action lawsuit email is a scam?
What to Do. If you suspect that a class action lawsuit email or other notification is a scam, report it to your attorney general. Do not act on anything that the scammers send you and do not provide them with any personal information. This article was written by Legal Beagle staff.
What to check before signing on to a class action lawsuit?
Before agreeing to sign on with a class action suit, check to make sure that the lawsuit is legitimate and not part of a scam designed to get money from you.
Is a class action lawsuit real?
You can check to see if there are any current, pending or settled lawsuits. They're listed in alphabetical order by company name. The site also offers a list of dangerous or defective products. If the lawsuit you were notified of is not on this list, it is probably not real.
Why did the class action lawsuit ruse re-emerge?
The class action lawsuit ruse re-emerged to take advantage of today’s economic troubles. In this scam, consumers are notified out of the blue—usually via incoming e-mail or an unsolicited telephone call—that they are entitled to thousands of dollars because of a recent settlement.
Can you get a bogus check as an advance payment?
In some cases, you may even be mailed bogus checks as an advance payment and told to call a provided phone number for further instructions on how to get the balance. Don’t take the bait, as these ploys are sure signs of a scam. In legitimate lawsuits, you never have to pay up front.
Do you have to pay a lawsuit up front?
Don’t take the bait, as these ploys are sure signs of a scam. In legitimate lawsuits, you never have to pay up front. And, as always, be suspicious of any check you receive unexpectedly. Among the other red flags of a bogus lawsuit scam:
Do you need to provide bank account numbers for class action lawsuits?
And in real judgments against banks or credit card companies, consumers do not need to provide bank account numbers so the award can be direct-deposited—consider such a request a red flag for fraud.
Does the Better Business Bureau make phony calls?
Another recent scheme, reports the Better Business Bureau, involves phony notifications to owners of small businesses that they are being sued. The callers pretend to be from the BBB—they claim that the business owner can avoid the lawsuit by paying a fee to have complaints removed from BBB files. In reality, the BBB makes no such calls. Business owners should contact their local BBBchapter if they receive such notifications.
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 th…
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…