Small BearingsACTIVE

Asquity v. MinebeaMitsumi Inc. et al.

A proposed class action lawsuit has been filed on behalf of all British Columbia resident persons who, during the Class Period commencing as early as mid-2008 and continuing until at least October 2011, purchased Bearings or an electronic product containing Bearings.

Class Members: The plaintiff and all British Columbia resident persons who, during the Class Period commencing as early as mid-2008 and continuing until at least October 2011, purchased Bearings or an electronic product containing Bearings.

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Overview

CourtSupreme Court of British Columbia

Date FiledDecember 17, 2015

CO-COUNSEL Belleau Lapointe, s.e.n.c.r.l.
Foreman & Company

Nature of Action

This action arises from a conspiracy to fix, raise, maintain, or stabilize prices of small sized bearings with an outside diameter of 26 millimetres or less (“Bearings”), used in electronic devices sold in Canada including British Columbia, and elsewhere. During the Class Period, the defendants and their senior executives participated in illegal and secretive meetings and made agreements relating to the prices for Bearings. The plaintiff and the Class Members suffered damages as a result.

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