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Violation Tracker Individual Record

Company: KYB Corporation
Penalty: $28,880,000
Year: 2020
Date: September 23, 2020
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Mega-ScandalPrice Fixing
Violation Description: KYB agreed to pay more than $28 million to end-payor plaintiffs to settle its role in price fixing of automotive shock absorbers.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Michigan
Civil or Criminal Case: civil
Case ID: 2:12-md-02311
Case Name: Automotive Parts Antitrust Litigation
Private Lawsuit Resolution Type: settlement
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.