Nematzadeh PLLC and Cocounsel File Antitrust Class Action Complaint Against Major Tire Manufacturers
Mar 19, 2024
New York, New York – Nematzadeh PLLC and cocounsel have announced the filing of an antitrust class action lawsuit in the United States District Court for the Southern District of New York, on behalf of Frank Novak, against some of the world’s largest tire manufacturers. The defendants include, without limitation, Continental, Michelin, Nokian Tyres, Goodyear, Pirelli, and Bridgestone. In essence, the class action alleges that these companies colluded to inflate or otherwise stabilize the prices of replacement tires for passenger vehicles sold in the United States.
Plaintiffs allege that these tire companies colluded to exploit market conditions post-COVID-19, leveraging high barriers to entry, market concentration, and inelastic demand to dramatically and unlawfully raise tire prices. It is alleged that this conduct constitutes a per se violation of the Sherman Antitrust Act (15 U.S.C. § 1) and various state antitrust and consumer protection laws.
Nematzadeh PLLC is committed to vigorously pursuing justice on behalf of Frank Novak and the class of similarly situated replacement tire purchasers.
If you have purchased replacement tires recently and want to learn more about this action and your rights through a free, confidential call, reach out to Nematzadeh PLLC at (646) 799-6729 or [email protected].
About Nematzadeh PLLC
Nematzadeh PLLC is a civil and commercial litigation practice headquartered in New York City that handles matters across the globe, with an emphasis on antitrust litigation. Our acclaimed lawyers have helped recover over $3.53 billion on behalf of litigants. We regularly represent plaintiffs in class actions, collective actions, individual actions, mass actions, multi-district litigation, and arbitration arising from antitrust laws.
The Firm is equipped with a demonstrated track record of results through a wealth of experience—especially in trials—on behalf of a diversity of clients, whether they are individuals, classes, businesses of all sizes, entrepreneurs, asset managers, financial institutions, government entities, and public or private institutional investors. We have been respected by judges, honored with prestigious awards, and above all, praised by our clients.
Reach out to Nematzadeh PLLC at (646) 799-6729 or [email protected] to schedule a free, confidential call, if you have purchased replacement tires and want to learn more about your rights.
CASE INFORMATION
United States District Court Southern District of New York
Frank Novak v. Continental Aktiengesellschaft; Continental Tire the Americas, LLC; Compagnie Générale Des Établissements; Michelin North America, Inc.; Nokian Tyres PLC; Nokian Tyres Inc.; Nokian Tyres U.S. Operations LLC; The Goodyear Tire & Rubber Company; Pirelli & C.S.P.A; Pirelli Tire LLC; Bridgestone Corporation; Bridgestone Americas, Inc.; And Does 1-100
Case No. 1:24-cv-01202
Nematzadeh PLLC is a civil and commercial litigation practice headquartered in New York City that handles matters across the globe, with an emphasis on antitrust litigation. Our acclaimed lawyers have helped recover over $3.53 billion on behalf of litigants. We regularly represent plaintiffs in class actions, collective actions, individual actions, mass actions, multi-district litigation, and arbitration arising from antitrust laws.
Nematzadeh PLLC
101 Avenue of the Americas, Suite 909
New York, NY, 10013
877.269.0076 x848
https://nematlawyers.com/
Press Contact : Tiana Guzman
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