If You Entered Into A Title Loan Transaction At A Missouri Title Loans Store In Missouri, You Could Receive Finance Charge Forgiveness From A Class Action Settlement

ST. LOUIS, March 13, 2014 /PRNewswire/ -- Dahl Administration, LLC announces that a settlement has been preliminarily approved in the matter Beverly Brewer v. Missouri Title Loans, Inc - Case No. 0722-CC-00015.  A hearing will be held on May 5, 2014, at 2:00 p.m. before Hon. David Dowd, in Division 2 of the St. Louis City Circuit Court Civil Courts Building, 10 N. Tucker Blvd, St. Louis, Missouri, 63101, for the purpose of determining:

(1) whether the Court should approve as fair, reasonable and adequate a proposed settlement of a class action case brought against Missouri Title Loans, to include partial or total forgiveness of unpaid finance charges to customers, ongoing disclosures, and other relief;

(2) whether, thereafter, this class action should be dismissed with prejudice as set forth in the Settlement Agreement dated March 6, 2014;

(3) whether the relief offered to class members is fair, reasonable and adequate and therefore should be approved; and

(4) the reasonableness of the application of Class Counsel for the payment of attorneys' fees and expenses incurred in connection with this litigation and for the award of an honorarium fee to Plaintiff representing the Class.

IF YOU ENTERED INTO A TITLE LOAN TRANSACTION AT ANY MISSOURI TITLE LOAN STORE IN MISSOURI between January 3, 2002 and March 6, 2014, you may be affected by this Settlement and you may be entitled to forgiveness of all or some of the unpaid finance charges of your loan(s). There is no need for you to file any claim form to be eligible for this forgiveness of the finance charges on your loan(s).  If this settlement is approved, finance charges to be forgiven pursuant to this agreement will be automatically forgiven by Missouri Title Loans.

What are my other options? 

A) Being bound by the settlement allows you the debt forgiveness set forth above.  If you don't want to be legally part of this settlement you must exclude yourself by sending a written opt-out exclusion request to Dahl Administration, LLC, the Class Action Administrator, by April 11, 2014.  If you remain part of this settlement, you would be eligible for the benefits of this settlement, but you won't be able to sue, or (if you are already suing Missouri Title Loans) continue to sue Missouri Title Loans.  The address of Dahl Administration, LLC is 6465 Wayzata Blvd Suite 420 Minneapolis MN 55426.

B) If you do not request to be excluded from this settlement, you may object to the fairness, reasonableness or adequacy of the proposed Settlement or to the award of attorneys' fees or costs by submitting a written exclusion request to both Class Counsel and Defendant's Counsel (at the addresses below), by April 11, 2014.  Do not contact the Circuit Court of the City of St. Louis directly about this case. To be valid, any such objection must include specific information that is set forth at www.BrewerMOSettlement.com.  

Class Counsel and Attorney for Plaintiffs is Erich Vieth, CAMPBELL LAW, LLC, 1500 Washington Avenue, Suite 100, St. Louis, MO 63103, Phone: 314.588.8101, Fax: 314.588.9188, [email protected].

Defendant's Counsel is Martin M. Green, GREEN JACOBSON, P.C., 7733 Forsyth Blvd., Suite 700, Clayton, Missouri 63105, Phone: 314-862-6800, Fax: 314-862-1606, [email protected].

PLEASE VISIT THE SETTLEMENT WEBSITE FOR FURTHER DETAILED INFORMATION AND INSTRUCTIONS:  www.BrewerMOSettlement.com.

CONTACT:  Jeffrey Dahl, (952) 562-3600, [email protected]

SOURCE Dahl Administration, LLC