⚖Mitsuba Will Pay $23M To End Auto Parts Antitrust Suits .
Mitsuba Corp. and its U.S. unit have agreed to pay $22.8 million to resolve claims that they took part in a massive conspiracy to fix prices of a variety of auto parts, according to a Tuesday motion seeking preliminary approval of a proposed settlement in Michigan federal court.
According to the deal, Mitsuba aims to settle claims brought by proposed classes of auto dealers and others who indirectly bought windshield wiper systems, radiators, starters, automotive lamps, electric powered steering assemblies, fan motors, fuel injection systems.
Law360