Nematzadeh PLLC and Cocounsel File Antitrust Class Action Complaint Against Major Tire Manufacturers

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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 lawyers@nematlawyers.com.

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 lawyers@nematlawyers.com to schedule a free, confidential call, if you have purchased replacement tires and want to learn more about your rights.

Justin Nematzadeh
About the Author
Justin S. Nematzadeh, Esq. is the Founder and Managing Member of Nematzadeh PLLC. From practicing at the most prestigious law firms in the world on behalf of plaintiffs and defendants, Justin possesses a wealth of experience. He has amassed a track record of results through first-chair litigation—especially in trials—on behalf of asset managers, small businesses, large corporations, entrepreneurs, government entities, public and private institutional investors, and individuals. Justin specializes in litigation concerning antitrust, business disputes, class actions, contracts, intellectual property, securities fraud, real estate, and qui tam and whistleblower matters. Acclaimed with highly coveted awards, Justin has been integrally involved in litigation that has recovered over $3.53 billion for litigants. If you have questions about this article, contact Justin today here.