The maker of automobile equipment is facing a class action lawsuit over an alleged price rigging scheme to control the prices of the market.
Nearly 60 individuals filed the lawsuit in U.S. District Court in Michigan on May 22 against Denso Corp. and others, claiming the company fixed the prices of spark plugs, standard oxygen sensors and air fuel ratio sensors.
The lawsuit cites an investigation by the U.S. Department of Justice, which said the company “successfully targeted the long-struggling United States automotive industry, raising prices for car manufacturers and consumers alike.”
The lawsuit seeks class status for those that purchased a vehicle with equipment made by Denso since January 2000, and is also seeking more than $5 million in damages plus court costs.
The plaintiffs are represented by E. Powell Miller and Adam T. Schnatz of The Miller Law Firm, P.C. in Rochester, Mich.; Steven N. Williams, Adam J. Zapala and Elizabeth Tran of Cotchett, Pitre & McCarthy, LLP in Burlingame, Calif.; Hollis Salzman, Bernard Persky and Willam V. Reiss of Robins Kaplan LLP in New York City; Marc M. Seltzer and Steven G. Sklaver of Susman Godfrey, L.L.P. in Los Angeles; and Terrell W. Oxford also of Susman Godfrey, L.L.P. in Dallas.
U.S. District Court for the Eastern District of Michigan Southern Division case number 2:15-cv-11868.