Case Details

Year Initiated/Committed


Year Resolved


Settlement Amount

$1 million


U.S. District Court for the Eastern District of Michigan

Docket Number


Lead State


Participating States



KYB Corporation; KYB Americas Corporation

Case Description

As part of a large class action, plaintiff state filed suit against manufacturers of automotive shock absorbers, alleging that the defendants, from the mid-1990s through at least 2012, conspired to rig bids for, and to fix stabilize and maintain the price of shock absorbers installed in autos purchased by the plaintiff state. Defendant pled guilty to federal criminal antitrust chargesand paid a criminal fine of $62 million.  The state alleged violations of Sherman Act sec. 1, the Cartwright Act and the California Unfair Competition Law, as well as unjust enrichment. In May 2021, California and Florida entered into a settlement with defendant.  Defendant paid $633,333 for damages arising from purchases by the state of California.  Defendant paid $316,666 to Florida as damages for state purchases. The state agreed to release all antitrust claims related to defendants conduct, even if discovered later. The states also did not release the claims of their citizens. Defendant agreed to cooperate in the ongoing state investigations.