On August 21, 2013, a consolidated amended class action complaint was filed in the United States District Court for the Eastern District of Michigan, Southern Division, alleging manufacturers and suppliers of automotive and industrial machinery bearings conspired to fix prices in violation of the federal antitrust laws. The allegations are brought by Plaintiffs DALC Gear & Bearing Supply Corp., McGuire Bearing Company, and Sherman Bearings Inc., individually, and on behalf of all individuals and entities that purchased bearings in the United States directly from one or more Defendants from January 1, 2004, through the present.

The Defendants filed a collective motion to dismiss the consolidated complaint on various grounds, which was denied on August 29, 2014. However, two foreign entities—AB SKF and Schaeffler AG—were dismissed for lack of personal jurisdiction. A new complaint was filed against AB SKF, Schaeffler AG, and the European subsidiaries of the Japanese bearings companies, some of these defendants filed motions to dismiss. Their motions are currently pending before the court. On March 31, 2017 the court denied all motions to dismiss and the case related to AB SKF, and Schaeffler is currently in discovery.

Plaintiffs filed their motion for class certification on March 20, 2017, and the class certification hearing is set for January 11, 2018.

Manuel John Dominguez and Matthew W. Ruan of Cohen Milstein Sellers & Toll PLLC serve as additional counsel for the Plaintiffs in this action. Fink + Associates Law serves as Interim Liaison Counsel. Kohn Swift & Graf, P.C., Freed Kanner London & Millen LLC, Spector Roseman Kodroff & Willis, P.C., and Preti Flaherty Beliveau & Pachios LLP serve as Interim Lead Counsel.