Direct Parking Heater Settlement: Finding an Estimate Payment
- An online payment calculator is provided for use
- Calculator will be available after exclusion deadline
- Settlement Administrator can be contacted for help
Class action lawsuit settlements are a fairly common sight nowadays (see the Candy Products Settlement for example). However, what is NOT so common is when a settlement provides its class members with an estimate payment amount ahead of time. For instance, the Direct Parking Heater Settlement (resolving the Parking Heaters Antitrust Litigation) is set to provide class members with an online payment calculator. The calculator will use purchase data to show an idea of how much each Class Member will receive from the settlement. Those who want to find out about how much they should expect can begin by going to the settlement page and clicking the Payment Calculator link (those who like surprises may want to just wait for the check!).
More Details on the Direct Parking Heater Settlement
- Purchases must have been between October 1st, 2007 and December 31st, 2012
- The deadline by which requests for exclusion must be filed is December 1st, 2018
- The decision on whether to approve the settlement is set for January 9th, 2019
- Those who DID NOT receive a notice have until February 1st, 2019 to file a claim
It should be pointed out that the estimated payments will not be available until after the exclusion deadline has passed and other fees and possible deductions have been figured out. After all the calculations have been made, the settlement ID number included with the notice can be used to receive an estimate from the payment calculator. Class members are encouraged to check back at the settlement page often as the calculations may take some time to produce.
Background of the Parking Heaters Antitrust Litigation
- Filed over allegations that the Defendants conspired to fix the prices of parking heaters
- The Defendants deny the allegations but have agreed to settle the case for $15,000,000
- Webasto will contribute up to $7,000,000 while Espar will contribute up to $8,000,000
Those who do not agree with the estimated amount shown by the payment calculator can file a dispute by sending correspondence directly to the settlement administrator. Disputes must contain a name, address, phone number, reasons for the dispute, and supporting documents such as receipts. In addition to handling disputes, the Settlement Administrator can also be contacted with general questions about the settlement.
Direct Parking Heater Settlement Administrator
- PO Box 3560, Portland, OR 97208-3560
Another Recently Settled Class Action Lawsuit