Competition-law litigation involving automotive wire harnesses in North America
First written in FY2016. 2 of 3 entries say "Mitigated", first in FY2017-Q1. Latest entry: FY2017-Q2.
The whole theme swung hardest in 2022: 1 of 6 companies on the "Worse" side.
2 other companies' latest entry also says "Mitigated".
- FY2017-Q2MitigatedAnnual report
「In North America, civil lawsuits seeking damages were filed in connection with alleged competition-law violations involving automotive wire harnesses and related products. As of 2 November 2016, settlements had been reached in the U.S. and Canadian class actions, and although negotiations remained with a very small number of individual claimants, the lawsuits as a whole were considered almost resolved.」
The disclosure states that settlements had been reached in the U.S. and Canadian class actions, with negotiations remaining only with a very small number of individual claimants, indicating further progress toward resolution than in the previous quarter. - FY2017-Q1MitigatedAnnual report
「In North America, civil lawsuits seeking damages were filed in connection with alleged competition-law violations involving automotive wire harnesses and related products, and settlements were reached with some plaintiffs in September 2015 and May of the current year.」
In the North American competition-law litigation, settlements were reached with some plaintiffs in May of the current year, in addition to the existing settlements. - FY2016MaterialisedAnnual report
「In North America, civil lawsuits seeking damages were filed in connection with alleged competition-law violations involving automotive wire harnesses and related products, and settlements were reached with some plaintiffs in September 2015.」
The disclosure states that the lawsuits were actually filed and that settlements were reached with some plaintiffs.