DETROIT (Legal Newsline) – Bridgestone is one of several defendants being sued for alleged antitrust violations in what the company calls one of the largest litigations in the country.
Three consumers recently filed class action complaints, individually and on behalf of
all others against Bridgestone Corporation, Bridgestone APM Company, Yamashita
Rubber Co. Ltd., Yusa Corporations, Sumitomo Riko Company, Ltd., DTR
Industries, Inc., Toyo Tire & Rubber Co., Ltd., Toyo Tire North America OE
Sales LLC, and Toyo Automotive Parts (USA) Inc., alleging conspiracy to inflate the pieces of anti-vibration rubber
This lawsuit is one of many cases coming forward because
of the automotive parts antitrust litigation.
“This is one case in one of the
largest litigations in the United States,” Bridgestone attorney Steven A
Reiss told Legal Newsline. “It involves 39 separate groups of class actions and 60
different groups of defendants.”
These lawsuits allege the defendant in each lawsuit unlawfully raised the price of vehicle parts. As a result of this,
consumers who purchased or leased the qualified vehicles can sue for damages.
“This lawsuit has been going on for four years,” Reiss said.
“This is just another aspect.”
More than 11 companies agreed to round one settlements, while several
others withdrew their objections. These settlements are not yet final, while round two settlements will be heard in April.
Bridgestone is part of a long list of companies that are not
settling. The plaintiffs are seeking trial by jury, damages and coverage of all
“This is just another group of plaintiffs that have filed,
effectively, the same case that has been filed a number of years ago by other
groups of plaintiffs,” Reiss said. “There can’t be any new people to come
forward because the statute of limitations has run.”
The plaintiffs are represented by nine legal teams, including
David H. Fink, Darryl Bressack and Nate Fink of Fink + Associates Law in