Parking Heaters Antitrust Litigation
What is this settlement about?
This lawsuit alleges that Webasto and Espar participated in an unlawful conspiracy to raise, fix, maintain, and/or stabilize the price of aftermarket Parking Heaters.
Claim Deadline: February 1, 2019
How much settlement money is available?
$12,200,000
What are parking heaters?
Parking heaters are defined as parking heaters for commercial vehicles sold in the aftermarket, including the heaters themselves and accessories sold with the heaters. They include air heaters (they turn outside air into heat) and water/coolant heaters, which are integrated into the engine coolant and heat the engine as well as the interior.
Who is eligible for the settlement?
All persons and entities in the US who purchased aftermarket Parking Heaters directly from Webasto or Espar or a related entity from October 1, 2007-December 31, 2012. Federal and state governments are excluded.
CLASS ACTION CAPITAL DELIVERS OUTSOURCED CLASS ACTION SETTLEMENT CLAIM MANAGEMENT SERVICES TO BUSINESSES THROUGHOUT THE U.S., SPECIALIZING IN THE EARLY IDENTIFICATION OF CLASS ACTION SETTLEMENT OPPORTUNITIES AS WELL AS PREPARING AND FILING COMPREHENSIVE CLAIMS.
IDENTIFICATION & EDUCATION: Our expertise allows Class Action Capital to work on a claimant’s behalf to ensure all claims are properly identified and filed. Class Action Capital fully analyzes the relevant settlement documents, including the Notice, Claim Form, Motions, Orders, and Transcripts. We use our domain expertise and proprietary analysis to educate your company on the scope and terms of the settlement opportunity, in general, and, specifically, how it applies to your situation.
DATA RETRIEVAL & ANALYSIS: We then work with your company to efficiently identify any relevant available historical data both internally from the client and also from any potential external data sources. At that point, we analyze and organize the data and determine what, if any, missing pieces exist. We then work to plug in those holes with acceptable and defensible alternative data so as to best position a comprehensive claim, i.e., maximizing claim value.
CLAIM PREPARATION & FILING: After assisting clients in gathering all requisite data and documentation, we then use our domain knowledge and expertise to best position all available resources in preparing and timely filing a comprehensive claim.
CLAIM & SETTLEMENT TRACKING: After preparing and filing a claim, along with any other requisite supporting information or documentation, we then continue to monitor (a) the settlement via court filings and communications with class counsel and the administrator and (b) each claim including trouble shooting issues and addressing the administrator’s questions and concerns.
AUDIT: During the audit process, should you receive an audit request letter from the administrator we will prepare an acceptable and defensible audit response on your behalf and will handle the entire process of managing the claim audit and advocating for true claim value.
ACCOUNTING: Working directly with the claims administrator, we manage the receipt of the settlement funds to ensure timeliness and accuracy of the claim value and promptly issue your post-fee funds along with a transparent accounting statement for record-keeping purposes.