Bosch Agrees To $33.4 Million Settlement In Auto Parts Price-Fixing MDL

On behalf of Stulce & Yantis posted in Uncategorized on Monday, November 6th, 2017

Robert Bosch GmbH and Robert Bosch LLC have agreed to pay $33.4 million to settle antitrust lawsuits involving four different types of auto parts. Consumers are seeking preliminary approval of the settlement. The settlement would resolve the end-payor Plaintiffs’ claims against Bosch in the massive automotive parts antitrust litigation alleging a conspiracy to fix prices and rig bids for parts, thus improperly inflating their prices.

The parts specifically involved in the Bosch settlement are windshield wiper systems, starters, fuel injection systems and spark plugs. Bosch agreed to keep its offending sales in the case to aid in calculating treble damages against any nonsettling Defendants. The company has also agreed to cooperate with the consumers as they continue to prosecute claims against the remaining Defendants.

The consumers also asked the court to certify four separate settlement classes: one for each of the four auto parts. In each class, the end payors seek to represent anyone who, between Jan. 1, 2000, and the execution of the settlement, bought or leased a new vehicle that had the relevant part, or bought one or more of the parts as a replacement.

Most of the $33.4 million would be allocated to members of the spark plug class, who would receive $29 million. About $2.9 million would go to members of the fuel injector class, $1 million would go to the members of the starters class and about $508,000 would go to members of the windshield wiper class. Those amounts do not include interest. In August, U.S. District Judge Marianne O. Battani, who is overseeing the case, approved a $61.2 million settlement between car dealers and Japanese parts maker Denso Corp.

With the settlement’s final approval, Judge Battani ended a total of 23 actions brought by the dealerships against Denso in the multidistrict litigation (MDL). That settlement involved classes for wire harnesses, instrument panel clusters, fuel senders, heater control panels, alternators, windshield wiper systems, radiators, starters, ignition coils, motor generators, inverters, air flow meters, fan motors, fuel injection systems, power window motors, automatic transmission fluid warmers, air conditioning systems, windshield washer systems and spark plugs.

If you would like more information about these cases, you can contact Arnold Stulce or John Yantis. They can be reached at 423-267-9072 or by email at jyantis@stulceyantis.com or astulce@stulceyantis.com.

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