Auto Parts Supplier Fined $4.5 Million For Bid-Rigging
A Japanese motor vehicle components supplier, Yamashita Rubber, pleaded guilty to participating in an international bid-rigging conspiracy and was fined $4.5 million by the Ontario Superior Court of Justice. Yamashita participated in the Competition Bureau’s Leniency Program. According to the Competition Bureau, Yamashita conspired with another Japanese components supplier to rig bids for anti-vibration components and systems for certain Honda Civic and CRV models manufactured in Canada. This marks the seventh guilty plea since the Competition Bureau’s large-scale investigation in the auto parts industry began in December 2009, bringing the total fines to just over $56 million. See our summary table for all auto ... [more] Full article
Reliance scalded by $5 million penalty
Hot water heater rental supplier Reliance Comfort Limited Partnership has agreed to pay a $5 million fine and to change policies that made it difficult for customers to switch to ... [more] Full article
Sixth auto parts fine brings total to over $51 million
DENSO Corporation recently pleaded guilty to three counts of bid-rigging under the Competition Act and was fined $2.45 million, the Competition Bureau announced recently. DENSO was involved in an international ... [more] Full article
DRAM class action settlements
DRAM, which stands for dynamic random access memory, is a type of memory chip used in computers and other electronics. The plaintiffs claim that certain manufacturers and distributors of DRAM ... [more] Full article
Fines & Settlements Contributors
Michael Binetti
Michael Binetti, a partner of the firm, brings a proven litigation background plus extensive experience in arguing both trials and appeals. He has demonstrated his strategic legal capability and expertise in wide-ranging areas of litigation. Michael’s peers and clients have commented that Michael is an “excellent and creative lawyer,” “finds unique solutions to complex problems,” and that “Michael gets it and knows how to win.”
Ardita Sinojmeri
Ardita joins Affleck Greene McMurtry LLP as an Associate Lawyer after completing her articles with the firm. Her growing practice encompasses a broad range of litigation matters including securities litigation, insurance defence, employment disputes, and shareholder disputes. Ardita earned her Juris Doctor from Western University’s Faculty of Law. Prior to joining the firm, she participated in a number of initiatives aimed at helping individuals and businesses struggling through COVID-19. Ardita looks forward to putting her legal, business, and community engagement skills to use in all the firm’s practice areas.
