January 28, 2024
Minibea

Minibea – Small Bearings Price Fixing, 2023 class action settlement: Scam or Legit? Find Out!

Did you receive a notice from Minibea? Did you receive a mail about a class action settlement to resolve Minibea – Small Bearings Price Fixing Lawsuit? This review will help you partake in the class action settlement after confirming the authenticity of the mail.

What Is Minibea – Small Bearings Price Fixing Class Action Settlement?

This litigation relates to Small Bearings purchased directly from a Defendant.

What Is This Class Action All About?

“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.

A $9,750,000 settlement with the MINEBEA Defendants was approved by the Court on March 12, 2018. To see documents relating to the Minebea settlement, click here.

If you purchased Small Bearings in the United States directly from either Defendant during the period from June 1, 2003, through February 15, 2017, you may be a member of the MINEBEA Settlement Class. If you remained in the MINEBEA Settlement Class 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 October 26, 2023.

If you believe you are a member of the MINEBEA Settlement Class, please review the Notice, which contains information about the proposed settlements and your rights with respect to the settlements and related matters.

Who Is Eligible?

This settlement benefits all individuals who purchased Small Bearings in the United States directly from either Defendant during the period from June 1, 2003, through February 15, 2017.

How To Be Part of This Settlement

For class member to partake in this settlement, class members must submit a valid claim form on the settlement website by October 26, 2023.

The deadline for objection and exclusion is August 25, 2023.

What Is The Pay For This Settlement?

The pay for this settlement varies and the proof of purchase is not necessary.

Conclusion

As you submit your claim to the settlement website, just like Audiophile Music Direct class action settlement we have reviewed, you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim.

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