CALIFORNIA NEW CAR DEALERS ASSOCIATION AND CLASS ACTION CAPITAL PARTNERSHIP PORTAL
California New Car Dealers Association has partnered with Class Action Capital, a market leader in class action settlement claims management. Class Action Capital is already successfully working with a very large number of dealers and state associations across the country helping to recover substantial refunds on their behalf.
Class Action Capital specializes in the research, data collection, analysis and filing of complex class action settlement claims. Our value is understanding the entire class action settlement landscape and bringing to your attention those settlements which are the most financially beneficial. Our pricing model is simple in that we work on a contingency fee basis and only receive a fee as a percentage of your financial recovery.
Our offer is to assist your dealership in recovering your pro-rata share of the settlement funds by handling all the heavy lifting. Most companies we work with are eligible for these refunds but do not wish to pursue due to limitations on their time and resources. Additionally, data retention policies limit the relevant documentation they can readily gather. Once you sign up for claim management services, our team will immediately get to work building and preparing a comprehensive claim.
Payment Card Interchange Fee Settlement: Approximately $6 Billion
On September 18, 2018 an agreement was reached on behalf of all merchants who accepted VISA and/ or MasterCard branded credit or debit cards between January 1, 2004 through January 24, 2019. The settlement fund will be between $5.54 – $6.24 billion depending on the number of class members who exclude themselves from the settlement. On January 24, 2019, the court preliminarily approved the new settlement and in the coming months known class members are expected to be mailed notices about their legal rights, including their right to exclude themselves from participating in the settlement and pursue legal proceedings on their own. Information about the settlement will be published in a variety of media outlets as well. The tentative deadline for members to exclude themselves is July 23, 2019 with a fairness hearing scheduled for November 7, 2019.
While claim forms are not available yet and potential claimants do not need to sign up with a third-party service in order to participate in any monetary relief, the difficulty may be understanding what information will be provided by the defendants, how that applies to your organization, as well as what additional information can be provided to the court administrator to ensure a complete claim. No-cost assistance will be available from the court administrator and class counsel during the claim filing period. If the court grants the settlement final approval an any appeals are resolved, the court will approve a claim process and establish a claim deadline. Updates about the settlement can be found on the official court authorized settlement website at https://www.paymentcardsettlement.com
Dealer Management System Settlement: $29,500,000 (with more expected)
This lawsuit alleges that Reynolds and CDK conspired to fix the prices that automobile dealerships were charged for dealer management system software services, data integration programs and services for extracting, formatting, integrating and organizing data from dealer management systems. Currently, Reynolds settled for $29.5M; we expect this fund may grow if/ when CDK settles. The proposed class consists of all persons and entities in the United States engaged in the business of retail sales of automobiles who purchased dealer management systems from CDK and/ or Reynolds or any predecessor, successor, subsidiary, joint venture or affiliate from January 1, 2015 through October 23, 2018. There is no claim filing deadline at this time. For more information on this settlement, please visit: https://dealershipclassdmssettlement.com/
The only thing Class Action Capital needs to get started is for your company to complete our claim authorization form below. Once completed we will get to work analyzing your claim to prepare and file for the impending deadline in a timely manner.
TO SIGN UP FOR CLASS ACTION CAPITAL’S CLAIM MANAGEMENT PLEASE COMPLETE THE BELOW AGREEMENT