August 23, 2019- Direct purchasers of radiators have received preliminary approval of settlements with manufacturers MITSUBA, DENSO, Calsonic, and T. RAD totaling $6,240,956. Kohn, Swift & Graf is one of the co-lead counsels for this direct purchaser class. The manufacturers allegedly conspired to raise, fix, maintain, and stabilize prices, rig bids, and allocate the supply of radiators sold in the United States, in violation of federal antitrust laws.
The settlements affect those who purchased radiators in the U.S. between January 1, 1998 and August 14, 2018 directly from any of the following entities:
MITSUBA Corporation, American Mitsuba Corporation, DENSO Corporation, DENSO International America, Inc., Calsonic Kansei Corporation, CalsonicKansei North America, Inc., T.RAD Co., Ltd., T.RAD North America, Inc., Sanden Corporation, Japan Climate Systems Co., Ltd., Valeo S.A.
Potential class members were mailed a notice of proposed settlements on June 27, 2019 that explains the settlements, as well as the options available to class members, in greater detail. This notice and other important documents related to the settlements can be accessed online at www.AutoPartsAntitrustLitigation.com/Radiators, or by calling 1-877-670-0866, or writing to Radiators Direct Purchaser Antitrust Litigation, P.O. Box 5270, Portland, OR 97208-5270. If you believe you are a member of the any of the aforementioned settlement classes, you are urged to obtain a copy of the notice.
A final approval hearing will be held in October 2019 to determine whether the Court approves the proposed settlements, distribution plans for class members, and fee and expense awards.
Questions can be answered and more information can be found at www.AutoPartsAntitrustLitigation.com/Radiators