Top Class Actions’s website and social media posts use affiliate links. If you make a purchase using such links, we may receive a commission, but it will not result in any additional charges to you. Please review our Affiliate Link Disclosure for more information.
This settlement is closed!
Please see what other class action settlements you might qualify to claim cash from in our Open Settlements directory!
Certain consumers who purchased automotive bearings from five companies are eligible to benefit from a $37.5 million class action settlement.
Class Members include all distributors who purchased bearings in the United States directly from one or more of the settling defendants (or their subsidiaries or affiliates) in the Bearings Actions from and including Jan. 1, 2000, through Dec. 31, 2014.
The defendants and their subsidiaries and their affiliates are:
- JTEKT Corp.
- JTEKT North America Corp. (formerly Koyo Corp. of U.S.A.)
- Koyo France SA
- Koyo Deutschland GmbH
- Nachi-Fujikoshi Corp.
- Nachi America Inc.
- Nachi Technology Inc.
- Nachi Europe GmbH
- NSK Ltd.
- NSK Americas Inc.
- NSK Europe Ltd.
- NSK Corp.
- NTN Corp.
- NTN USA Corp.
- NTN Wälzlager GmbH
- NTN-SNR Roulements SA
- Schaeffler Group USA Inc.
- Schaeffler Technologies AG & Co. KG (formerly Schaeffler Technologies GmbH & Co. KG)
- FAG Kugelfischer GmbH
- AB SKF
- SKF GmbH
- SKF USA Inc.
Bearings are friction-reducing devices used in automotive and industrial machinery. They allow moving parts to glide past each other easily.
“Bearings Actions” refers to the relevant class action lawsuits in which the plaintiffs alleged the defendants violated the federal Sherman Act by fixing prices on automotive bearings.
The settlement fund will be distributed on a pro rata basis to all claimants. The amount of each payment will vary based on the claimant’s direct purchases of bearings.
Funds will be distributed after the settlement administrator reviews and audits the claim forms and the Court approves their determination.
Consumers who meet the Class definition will be automatically included in the settlement Class unless they choose to be excluded.
Indirect purchasers are not eligible to take part in this settlement.
Class Members who would like to file a claim in the automotive bearings settlement must file a claim form and the required supporting documentation.
The form asks for certain information related to the bearing purchases, a description of documentation supporting those claimed purchases, and summary totals of the purchases from each defendant and for each year during the class period.
A fairness hearing will take place June 10, 2021.
Objections and exclusion requests must be filed by May 5, 2021.
The deadline to file a claim is June 28, 2021.
Who’s Eligible
All distributors who purchased bearings in the United States directly from one or more of the settling defendants (or their subsidiaries or affiliates) in the Bearings Actions from and including Jan. 1, 2000, through Dec. 31, 2014.
Potential Award
Varies.
- The settlement fund will be distributed on a pro rata basis to all claimants.
- The amount of each payment will vary based on the claimant’s direct purchases of bearings.
Proof of Purchase
The claim form asks for certain information related to the bearing purchases, a description of documentation supporting those claimed purchases, and summary totals of the purchases from each defendant and for each year during the class period.
Claim Form
NOTE: If you do not qualify for this settlement do NOT file a claim.
Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If you’re unsure if you qualify, please read the FAQ section of the Settlement Administrator’s website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you don’t qualify for this settlement, check out our database of other open class action settlements you may be eligible for.
Claim Form Deadline
06/28/2021
Case Name
In Re: Automotive Parts Antitrust Litigation, Case No. 12-md-02311 in the U.S. District Court for the Eastern District of Michigan, Southern Division
In Re: Bearings Cases, Case No. 2:12-cv-00501 in the U.S. District Court for the Eastern District of Michigan
Final Hearing
06/10/2021
Settlement Website
Claims Administrator
Bearings Direct Purchaser Distributor Antitrust Litigation
P.O. Box 2939
Portland, OR 97208-2939
800-574-1808
Class Counsel
FREED KANNER LONDON & MILLEN LLC
KOHN, SWIFT & GRAF PC
PRETI, FLAHERTY, BELIVEAU & PACHIOS LLP
SPECTOR ROSEMAN & KODROFF PC
CERA LLP
COHEN MILSTEIN SELLERS & TOLL
Defense Counsel
Heather Lamberg
WINSTON & STRAWN LLP
Kenneth R. Davis
LANE POWELL PC
Jeremy Calsyn
CLEARY GOTTLIEB STEEN & HAMILTON LLP
Jeffrey Kessler
WINSTON & STRAWN LLP
Debra H. Dermody
REED SMITH LLP
Read About More Class Action Lawsuits & Class Action Settlements:
3 thoughts onIndustrial, Automotive Bearings Direct Purchasers $37.5M Class Action Settlement
Yes I had a big problem with these.
I had problem with them please add me
Add me please