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Violation Tracker Individual Record

Company: KYB Corporation
Penalty: $3,500,000
Year: 2023
Date: June 15, 2023
Offense Group: competition-related offenses
Primary Offense: price-fixing or anti-competitive practices
Violation Description: KYB agreed to pay $3.5 million to settle its role in direct-purchaser multi-district litigation alleging it conspired the fix the prices of shock absorbers.
Level of Government: federal
Action Type: private litigation
Court: Eastern District of Michigan
Civil or Criminal Case: civil
Case ID: 2:15cv3301
Case Name: In Re: Shock Absorbers
Private Lawsuit Resolution Type: settlement
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Current parent company note: Parent-subsidiary relationship is current as of the most recent revision listed in the Update Log.