VIRGINIA RETAIL MERCHANTS ASSOCIATION AND CLASS ACTION CAPITAL PARTNERSHIP PORTAL
Virginia Retail Merchants Association has partnered with Class Action Capital, a market leader in class action settlement claim management. Class Action Capital is successfully working with over 5,000 corporate clients across the country. Class Action Capital specializes in the research, education, data collection and filing of complex class action settlements.
Many companies do not have the time, resources or relevant data available to file a settlement claim. Class Action Capital will work with you to submit a fully comprehensive claim recovery while minimizing the use of your employees’ time, internal resources and the risk of error when handling independently. Class Action Capital will handle all the heavy lifting while recovering your pro-rata settlement share.
Class Action Capital’s pricing model is simple in that we work on a contingency fee basis whereby we receive a percentage of your financial recovery only after your claim is recovered. Once you sign up for our claim management services we will immediately get to work preparing and building your comprehensive claim.
Please see below for a listing of the applicable settlements and our claim authorization form.
Payment Card Interchange Fee Settlement: Approximately $6.5 Billion
This settlement resolves allegations over whether VISA, MasterCard and their issuing banks violated the law by setting interchange fees and then enforcing rules that prohibited merchants from accepting other forms of payment from customers, resulting in merchants paying excessive fees. This settlement will reimburse all companies who accepted VISA and/or MasterCard from January 1, 2004 through the present.
For more information on this settlement, please visit:
Broiler Chicken Antitrust Settlement (Maplevale Farms, Inc. V Koch Foods): $2,250,000 (with more expected)
This lawsuit alleges that beginning in 2008 broiler chicken producers coordinated their efforts to artificially reduce the supply of broiler chickens for sale in the United States knowing that would increase prices. Broiler chickens constitute approximately 98% of all chicken meat sold in the United States.
Direct and indirect plaintiffs allege the defendant producers, who comprise approximately 90% of the broiler chicken market and include brand names like Tyson, Perdue and Sanderson Farms, coordinated their supply reductions by sharing confidential production information closing plants, exporting hatching eggs, and destroying their breeder hens. As a result, during that time broiler chicken prices have increased nearly 50%.
An icebreaker settlement was reached between Fieldale Farms (about 2.6% of the broiler chicken market) and direct purchasers.
Mushroom Direct Purchaser Antitrust Litigation: $12,125,000 (with more expected)
This lawsuit alleges major mushroom growers spread across 36 non-Western states limited the amount of Agaricus mushroom farms supply of White Button, Crimini and Portabella mushrooms (more than 97% of the mushrooms purchased) in violation of antitrust laws. The defendants include several dozen mushroom growers, and the Eastern Mushroom Marketing Cooperative who collectively supply roughly 90% of the mushrooms consumed in the 36-class states. The class period ranges between 2001 – 2005.
Korean Ramen Noodle Antitrust Litigation: $1,500,000 (with more expected)
This settlement and ongoing litigation pertains to both Direct and Indirect purchasers of Korean Noodle Products between 2003 – 2010. A settlement has been reached with Samyang for $1,500,000 while cases against Nong Shim and Ottogi are proceeding to trial.
Packaged Seafood Antitrust Litigation
This settlement covers both Direct and Indirect purchasers of packaged tuna-fish. Plaintiffs allege that many of the nation’s leading suppliers of packaged tuna-fish (including Bumble Bee, Starkist and Chicken of the Sea) engaged in a conspiracy to fix the price of their products from 2013 to the present.
The Direct Settlement Class is primarily comprised of large grocers who purchase canned tuna directly from the defendants. The Indirect Settlement Class covers both grocers who purchase from a third-party distributor and consumers who purchase canned tuna for their own consumption.
First Impressions Salon Inc. V. National Milk Producers Federation
This case alleges the defendants colluded to artificially inflate the price of raw milk, butter and cheese from 2008 through 2013 by implementing herd retirement programs which resulted in dairy cows prematurely being sold to slaughterhouses in a deliberate effort to limit the supply of raw milk and artificially inflate the price of milk-based products.
The defendants include Agri-Mark, Inc., Cooperative Working Together, Diary Farmers of America, Inc., Land O’Lakes and the National Milk Producers Federation.