This litigation relates to Bearings purchased by distributors in the United States directly from a Defendant.
“Bearings” refers to friction-reducing devices used in both automotive and industrial machinery that allow one moving part to glide past another moving part. Examples include, but are not limited to, the following products: ball bearings, tapered roller bearings, needle roller bearings, roller bearings, and mounted bearings of any size.
A settlement with the JTEKT, NAHCI, NSK, NTN, and SKF Defendants, and a plan for distribution of the settlement funds have been approved by the Court. To see documents relating to this settlement click here.
The Claims Administration process relating to this settlement is ongoing. Please here here if you have any questions concerning this litigation, or need any additional information.