DETROIT, March 24, 2016 /PRNewswire/ -- The following statement is being issued by Cuneo Gilbert & LaDuca, LLP, Larson • King, LLP, and Barrett Law Group, P.A., the court-appointed Co-Lead Class Counsel for settlement classes consisting of automobile dealers in the Automotive Parts Antitrust Litigation, 12-md-02311 (E.D. Mich.).
Automobile Dealerships that Purchased Certain Vehicles or Vehicle Parts Since 1998 Eligible to Receive Money from Class Action Settlements
As a result of settlements in cases brought by auto dealers that allege auto parts manufacturers conspired to fix prices and rig bids for parts sold to auto manufacturers, $35 million is available to distribute to automobile dealers located in the District of Columbia or one or more of the following states: Arizona, Arkansas, California, Florida, Hawaii, Illinois, Iowa, Kansas, Maine, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oregon, South Carolina, South Dakota, Tennessee, Utah, Vermont, West Virginia, and Wisconsin. Automobile dealerships that purchased specific component parts for resale or certain vehicles for resale, lease, or for fleet sales, may file a claim to obtain a portion of the settlement funds.
Auto dealer claims against the Automotive Parts Antitrust Litigation settlements must be submitted to the Claims Administrator, Gilardi & Co. LLC, by March 31, 2016. To file your claim, go the website www.AutoDealerSettlement.com to obtain the claim form, instructions, and to submit a claim online. If you have questions, auto dealers may call the Claims Administrator, Gilardi & Co. LLC, at 888-565-3171, or contact one of the attorneys who represents dealers in these cases, Dewitt M. "Sparky" Lovelace, at (850) 837-6020 or firstname.lastname@example.org. There are no costs to auto dealers for these services.
If an auto dealership files a claim, it will share in the net proceeds of the Settlement Funds if: (1) the dealership's Proof of Claim is timely and valid; and (2) the dealership is entitled to a distribution under the Plans of Allocation to be approved by the Court.
This is a summary only. The complete terms, including the definitions of what parties and claims are being released are set forth in the full-length Notice, settlement agreements, and the Court filings, which may be obtained at www.AutoDealerSettlement.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/reminder-to-auto-dealers-march-31-2016-claims-filing-deadline-for-automotive-parts-antitrust-class-action-litigation-settlement-funds-300241207.html
SOURCE Cuneo Gilbert & LaDuca, LLP, Larson • King, LLP, and Barrett Law Group, P.A.