This litigation relates to Shock Absorbers purchased directly from a Defendant.
“Shock Absorbers” are part of the suspension system on automobiles (including passenger vehicles, pickup trucks, light trucks, crossovers, minivans, vans, and sport utility vehicles) and motorcycles. They absorb and dissipate energy to help cushion vehicles on uneven roads, leading to improved ride quality and vehicle handling. They are also dampers, and on motorcycles, they are referred to as front forks and rear cushions.
Proposed settlements have been reached with the KYB and Hitachi Astemo Defendants. Under the terms of the proposed settlements, KYB will pay $3,500,000 and Hitachi Astemo will pay $2,500,000.
The Court has granted preliminary approval of the proposed settlements with the KYB and Hitachi Astemo Defendants and will hold a hearing on final approval of these proposed settlements and related matters on June 8, 2023. Click here to see more information about the KYB and Hitachi Astemo settlements.
If you purchased Shock Absorbers in the United States directly from either Defendant during the period from January 1, 1995, through September 18, 2021, you may be a member of the KYB or Hitachi Astemo Settlement Classes. If you remain in the KYB or Hitachi Astemo Settlement Classes and you wish to share in the settlement proceeds attributable to that settlement, you must complete and submit a valid Claim Form no later than June 22, 2023.
If you believe you are a member of the KYB or Hitachi Astemo Settlement Classes, please review the Notice, which contains information about the proposed settlements and your rights with respect to the settlements and related matters. To see documents relating to these settlements click here.
Please click here if you have any questions concerning this litigation, or need any additional information.