Is Calcarssettlement a Scam? Class Action Selttlement
If you bought or leased a new car or truck in California of a certain make between January 1, 2001, and April 30, 2003, you may receive a payment from an $82 million class action settlement.
What is the Calcarssettlement Class Action Selttlement
In October 31, 2022, the Court granted final approval of the Settlement with Ford Canada, entered the judgment, and awarded fees and costs to Class Counsel and service awards to two named plaintiffs.
The lawsuit that is the subject of the proposed settlement alleges that several large automakers conspired with each other to prevent closely similar, but less expensive, new vehicles sold in Canada from being exported to the United States. The lawsuit further alleges that by conspiring to prevent this cheaper supply of cars and trucks from entering the U.S. market, the automakers kept prices of new cars in California higher than they should have been. The lawsuit seeks compensation from Ford Canada under California antitrust law.
This lawsuit began in Spring 2003, over 19 years ago. This case is pending in the California Superior Court for the County of San Francisco before the Honorable Anne-Christine Massullo (“Court”) and is called Automobile Antitrust Cases I and II, case numbers JCCP 4298 and 4303. Ford Canada is the last remaining defendant in this case. If the settlement with Ford Canada is approved, Ford Canada will be dismissed from the case and the lawsuit will be over.
The parties agreed to settle this case just three weeks prior to the start of trial, after nearly 19 years of litigation. During the litigation, the parties engaged in extensive discovery of evidence, including completing over 100 depositions and reviewing millions of pages of documents. The parties also litigated multiple rounds of summary judgment motions and several appeals.
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