Antitrust Lawsuit Filed on Behalf of Honda and Toyota Owners
An antitrust lawsuit was filed on behalf of Honda and Toyota car owners after the federal government disclosed facts concerning a global price-fixing scheme involving eight auto-part merchants. The scheme may have cost Atlanta car buyers and lessees millions of dollars due to inflated prices over a ten-year period of time.
A 2009 Honda CRV, a 2005 Toyota Prius, and a 2008 Toyota Camry is among the cars bought by plaintiffs in the class action period. And the lawsuit names Furukawa Electric, Delphi Automotive, Lear Corporation, Leoni Ag, Sumitomo Electric Industries, S-Y Systems Technologies GMBH, Yazaki Corporation, and Yazaki North America as defendants.
The aforementioned supply wire harnesses and related products to a number of American and Japanese carmakers. The complaint also maintains that the defendants mutually command the worldwide market of automotive wire harness systems. Wire harnesses guide and control electronic components, wiring, and circuit boards in automobiles.
According to documents that have been published, executives Junichi Funo, Hirotsugu Nagata, and Tetsuya Ukai arranged to manipulate prices and agreed through conferences and discussions to allot the stock of wire harnesses and other merchandise by model. The Justice Department asserts that this conspiracy has been ongoing since January of 2000 to January of 2010.
Attorney Robert J. Fleming has been handling wrongful death cases, automobile accident cases, personal injury cases, dental malpractice and medical malpractice lawsuits for individuals and families who have been harmed, injured or died as a result of the carelessness or negligence of another for more than 20 years in and around Atlanta, Georgia and its surrounding areas, including Alpharetta, Austell, Avondale Estates, Chamblee, College Park, Conyers, Duluth, Decatur, Doraville, Hapeville, Johns Creek, Jonesboro, Lawrenceville, Norcross, Peachtree City, Riverdale, Roswell, Sandy Springs, Stone Mountain, and Smyrna. If you have been seriously injured and would like quality legal representation, contact Robert J. Fleming directly on (404) 525-5150 or contact us online.