Autoparts – New Settlements

Settlements have been reached with the defendants in the following actions:

Starters

Mitsuba Corporation and American Mitsuba Corporation (“Mitsuba”), in the amount of $1,228,599.32.

Windshield Wipers

Mitsuba, in the amount of $4,273,388.97.

Fuel Injection Systems

Mitsuba, in the amount of $179,105.24.

Anti Vibration Rubber Parts

Sumitomo Riko Company Limited (formerly known as Tokai Rubber Industries, Ltd.), SumiRiko Tennessee, Inc. (formerly known as DTR Tennessee, Inc.) and SumiRiko Ohio, Inc. (formerly known as DTR Industries, Inc.) (“Sumitomo Riko”), in the amount of USD$1,150,000.00.

Requests to opt-out of the Anti Vibration Rubber Parts  proceedings must be post-marked by July 8, 2019.

The Mitsuba and Sumitomo Riko settlements are subject to court approval in Ontario, British Columbia and Quebec. Motions to approve the Mitsuba and Sumitomo Riko will be heard in the Ontario Court in the city of Toronto on May 28, 2019, at 9:30 a.m. and in the Quebec Court in the City of Quebec on June 17, 2019, at 9:30 a.m.

On June 19, 2019, at 9:00am the British Columbia Court will hold a hearing at the Vancouver Court House.

Please review the Notice of Certification for Settlement Purposes and Settlement Approval Hearing by clicking on the link shown below:

• Long Form Notice – English (Hitachi, Mitsuba, NGK & Sumitomo Riko)
• Long Form Notice – French (Hitachi, Mitsuba, NGK & Sumitomo Riko)

The settlement funds (plus interest, less court-approved fees and expenses) are being held in trust for the benefit of settlement class members. At a later date, the courts will be asked to approve a method of distributing the settlement funds to settlement class members.