Alternators Direct Purchase Antitrust Settlement

Form

All entities (excluding any Defendants and their present and former parents, subsidiaries and affiliates) that purchased Small Bearings in the United States directly from one or more Defendants from June 1, 2003 through February 15, 2017.

“Small Bearings” refers to bearings whose outer diameter is 30 millimeters or less. Small Bearings are used in numerous applications, including but not limited to the following automotive applications: air conditioning compressors, alternators, anti-lock braking systems, cooling fans, fuel pumps, motors for electric control systems, starters, steering systems, transmissions, water pumps, wheels, and windshield wiper motors.

In 2015, a class action lawsuit was filed on behalf of direct purchasers of Small Bearings against Defendants NSK Ltd., NSK Americas, Inc., and NSK Corporation (the “NSK Defendants”) (the “NSK Action”). In March 2017, Plaintiff McGuire Bearing Company filed a class action complaint alleging that Minebea conspired with the NSK Defendants to suppress and eliminate competition for Small Bearings by agreeing to raise, fix, maintain, and stabilize prices, and to allocate markets and customers, for Small Bearings sold in the United States, in violation of federal antitrust laws. Plaintiff further alleges that as a result of the conspiracy, it and other direct purchasers of Small Bearings have been injured by paying more for those products than they would have paid in the absence of the alleged illegal conduct.

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Small Bearings Antitrust Litigation

DIRECT PAYER

SETTLEMENT AMOUNT:

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CLASS ACTION REFUND, LLC

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