To date, settlements have been entered into with 67 defendant groups, totalling approximately $180 million.
Settlements have been reached in the Automotive Bearings, Electric Powered Steering Assemblies, High Intensity Discharge Ballasts, and Manual Steering Columns class actions with the Mitsubishi Heavy, SKF, Brose, and Yamada group of defendants. The settlements are subject to court approval in Ontario and Quebec. The Courts will decide whether to approve the settlements as fair, reasonable and in the best interest of the settlement class.
The Ontario Court will hold a hearing by video (which you can attend by contacting: [email protected]) to decide whether to approve these settlements on February 13, 2023, at 10:00 a.m.
The Quebec Court will hold a hearing by videoconference (https://msteams.link/HHRY) to decide whether to approve some of these settlements on March 8, 2023 at 9:00 a.m. If you wish to attend, please contact: [email protected]
The settlement funds (less approved fees and expenses) are being held in trust for the benefit of settlement class members.
A copy of the long form notices which outline the nature of the settlements can be found here:
Approval of a proposed Distribution Protocol is pending in 4 actions. The claims process will be commencing in the coming months in 20 actions. Settlement funds have been distributed in eight actions. In the remaining actions, the courts have not yet been asked to approve a protocol for the distribution of the settlement funds and the funds have been invested in an interest-bearing trust account for the benefit of settlement class members.
A copy of the proposed amended Distribution Protocol relating to the Bearings, Automotive Bearings, Electric Powered Steering Assemblies, High Intensity Discharge Ballasts, and Manual Steering Columns, can be found here:
Autoparts Class Action: Settlement Updates - View
Autoparts Class Action: Settlement Updates - View
Auto-Parts Distribution - View