DEALER MANAGEMENT SYSTEMS AND CLASS ACTION CAPITAL PORTAL
Dealer Management Systems Antitrust Litigation
The lawsuit alleges that Reynolds and CDK conspired to fix the prices that automobile dealerships were charged for dealer management system software services, and data integration programs and services for extracting, formatting, integrating and organizing data from dealer management systems.
Currently, one of two major defendants has settled for $29.5MM. We expect this fund may grow if the remaining defendant settles.
The proposed class consists of all persons and entities in the Untied States engaged in the business of the retail sale 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-October 23, 2018.
For more information, please visit the case website: https://dealershipclassdmssettlement.com
Payment Card Antitrust Litigation $5.54 Billion
This settlement resolves allegations that VISA, MasterCard and their issuing banks violated the law by charging excessive interchange fees to merchants. The settlement received final approval on December 13, 2019 and the settlement fund is approximately $5.54 billion. Your organization is likely eligible for a refund if you accepted VISA or MasterCard branded credit or debit cards as a form of payment between January 1, 2004 – January 25, 2019.
Claim forms are available beginning December 1, 2023, when they will be delivered and available online. Class members need not sign up for a third-party service in order to participate in any monetary relief. No-cost assistance is available from the Class Administrator and Class Counsel during the claims-filing period. Class members may visit www.paymentcardsettlement.com, the Court-approved website for this case for additional information. The claim filing deadline is May 31, 2024.
Our offer is to assist your company in recovering your pro-rata share of the settlement funds by handling all the heavy lifting. Many companies that we speak with are eligible for these refunds but do not wish to pursue the claims filing internally due to limitations on their time and resources. Additionally, many firms’ data retention policies limit the relevant documentation they can readily gather.
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 deadlines in a timely manner.