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.
Settlement Opportunities:
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.
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.