lawsuit

Toyoda Gosei Settles for $59M in US Class Action Lawsuit

Toyoda Gosei Co. Ltd. (TYO:7282) recently announced that it has agreed to settle a class action lawsuit brought against the company by auto dealers and end consumers in the U.S. District Court for the Eastern District of Michigan. Toyoda Gosei will be required to pay $59 million for the settlement. Plaintiffs in the lawsuit alleged that Toyoda Gosei violated U.S....

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Bridgestone Wins Wanli Tire Patent Infringement Lawsuit

Bridgestone Corp. (TYO:5108), has announced that the Shanghai Intellectual Property Court ruled in favor of Bridgestone in its patent infringement case against major Chinese tire maker Wanli Tire Corp. Ltd., a joint venture between Guangzhou Wanli Group Co. Ltd. and Guangzhou South China Tire & Rubber Co. Ltd. Bridgestone filed a patent infringement lawsuit against Wanli Tire in October 2015...

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