Class Action Refund, LLC (“CAR”) provides settlement fund recovery services to businesses of all sizes in class action litigation, with an emphasis on antitrust/ anticompetitive actions. CAR has found that class members involved in these matters benefit from our experience in dealing with the complexities of claim management. Our firm is dedicated to locating deserving claimants for anticompetitive actions occurring in the United States and throughout the World. We aggressively assist them with obtaining the recoveries they are due.
For our clients, we will aggregate purchase histories, analyze transactional data and assist the client with understanding all of the appropriate options that pertain to them, which may include filing a claim in a settlement, opting out to pursue their claim independent of any group or class action or potentially monetizing their claim prior to final resolution. We work diligently to improve class participation rates and believe that all potential class members should be informed about actions for which they may be eligible as soon as a new matter is contemplated.
As most actions of this type take several years to work their way through the system, it is critical that a company be informed that an action is being contemplated as soon as possible. There are several reasons for this:
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Document Retention - In order to establish and maintain a claim it is usually necessary that the
claimant provide documentary evidence of the damages they have suffered at the hands of the defendants
or cartelists. Normally, by the time potential claimants are notified that they are eligible for a
recovery, because of the time that has passed from when the harm took place,
claimants no longer have possession or easy access to the records to prove their claim.
CAR resolves this concern by gathering the relevant documentation while it is still available and stores it electronically. This ensures that its clients are prepared for when a claim can be asserted. It relieves the client of this burden, and allows it to follow its normal record retention protocols without regard to its potential claim which may not be for several years. - Case Monitoring - As most companies are not aware that an action is either pending or being contemplated, they do not know or care to pay attention to its progress. This ignorance may preclude a company from making an informed and timely decision that could cost them money. CAR keeps its clients informed of development in a case to allow for them to make intelligent decisions on how to best protect their interests.
- Client Empowerment - Through timely accurate information being reported to clients by CAR about an action, CAR's clients have the edge when it comes to making decisions at critical junctures in the process. These decisions can resolve around opting out of class or group litigation, monetizing claims before they are finally resolved or ultimately filing a claim in the class settlement.
Since joining Class Action Refund, LLC in December of 2005, after having been outside counsel for the
company, Mr. Fair has been instrumental in developing sound research methodologies and systems for identifying
and evaluating new cases. Additionally, Mr. Fair is integrally involved with all aspects of the business
including operations, processing and most notably, sales. In March of 2010, Mr. Fair was appointed Chief
Operating Officer, overseeing all corporate activities.
Mr. Fair has worked diligently at creating positive, rewarding relationships with major claims administrators and various class plaintiffs’ attorneys to ensure smooth transactions for our clients.
Immediately prior to joining Class Action Refund, LLC, Mr. Fair was in private practice in White Plains, New York with the firm Fair, FitzGerald & Hershaft, P.C.
Mr. Fair began his career in 1988 with Citibank/Citigroup where he worked for 12 years, ultimately becoming a Vice President, working in retail banking, bank operations and product development. He also worked for several years at Mellon Investor Services (now BONY Mellon) as a Relationship Manager for MetLife. As an Adjunct Professor in Business at Mercy College for many years he taught graduate level classes in bank operations and international finance.
He has a J.D. degree from Pace University School of Law, a BA degree in Political Economics from Fordham University and an MA in International Political Economy and Development also from Fordham University.
Mr. Fair has worked diligently at creating positive, rewarding relationships with major claims administrators and various class plaintiffs’ attorneys to ensure smooth transactions for our clients.
Immediately prior to joining Class Action Refund, LLC, Mr. Fair was in private practice in White Plains, New York with the firm Fair, FitzGerald & Hershaft, P.C.
Mr. Fair began his career in 1988 with Citibank/Citigroup where he worked for 12 years, ultimately becoming a Vice President, working in retail banking, bank operations and product development. He also worked for several years at Mellon Investor Services (now BONY Mellon) as a Relationship Manager for MetLife. As an Adjunct Professor in Business at Mercy College for many years he taught graduate level classes in bank operations and international finance.
He has a J.D. degree from Pace University School of Law, a BA degree in Political Economics from Fordham University and an MA in International Political Economy and Development also from Fordham University.
Paul J. Sadej, Jr. currently serves as Chief Financial Officer of Class Action Refund LLC. In his capacity as
CFO, he plays an essential role in the ongoing development of systems to track client information and utilize such information
in all aspects of the business including sales, accounting and processing. The most recent addition includes a scanning system
which will reduce the need for onsite records retention as well as enhancing the availability of documents to staff members.
Additionally, he has played a vital role in the development of a complex database used to track case information, including the status of claims for clients and which assists in the payout of claims. Mr. Sadej developed the initial program and system specifications and collaborated with the internal IT department as well as outside vendors. The result is a highly customized business application which automates record management. When fully completed, the database will provide instantaneous access to client and claim information to all of Class Action Refund’s departments. It will also allow the sales representatives to record client data and print documents with identifying bar codes; thereby streamlining the claims process.
Mr. Sadej holds an M.S. degree in Taxation from Long Island University – C.W. Post and obtained a B.B.A. degree in Accounting from Hofstra University. He is a licensed New York State Certified Public Accountant, in addition to holding his Series 6, 63 and RIA (Registered Investment Advisor) Securities licenses. During the past 20 years, Mr. Sadej has successfully built and managed a local accounting practice, where his clientele includes professionals, retail industries, service industries, manufacturing, and importing. He has been retained by outside accounting firms to assist in audits at Sony Records and submitted critical evaluations of their processes and procedures. Prior to being licensed as a CPA, Mr. Sadej worked for a defense contractor where he analyzed product cost and pricing for a variety of commercial and then-classified military products. Other businesses which he has founded include real estate rental, housing rehabilitation, and construction. He was an Adjunct Professor at C.W. Post, where he taught cost accounting.
Mr. Sadej has also been an active community leader. He has held the position of President, Treasurer and Member at Large of The Mental Health Association in Suffolk County and has been honored by the association as a result of his dedication. He currently serves as a member of the finance committee for his church and has served in a variety of capacities on the Parish Council. Notably, he has also successfully completed a program known as the Pastoral Formation Institute; a training program within the Church for those who wish to be active in a variety of ministries. Training included communications, listening skills, interpersonal dynamics and faith based courses.
Mr. Sadej holds an M.S. degree in Taxation from Long Island University – C.W. Post and obtained a B.B.A. degree in Accounting from Hofstra University. He is a licensed New York State Certified Public Accountant, in addition to holding his Series 6, 63 and RIA (Registered Investment Advisor) Securities licenses. During the past 20 years, Mr. Sadej has successfully built and managed a local accounting practice, where his clientele includes professionals, retail industries, service industries, manufacturing, and importing. He has been retained by outside accounting firms to assist in audits at Sony Records and submitted critical evaluations of their processes and procedures. Prior to being licensed as a CPA, Mr. Sadej worked for a defense contractor where he analyzed product cost and pricing for a variety of commercial and then-classified military products. Other businesses which he has founded include real estate rental, housing rehabilitation, and construction. He was an Adjunct Professor at C.W. Post, where he taught cost accounting.
Mr. Sadej has also been an active community leader. He has held the position of President, Treasurer and Member at Large of The Mental Health Association in Suffolk County and has been honored by the association as a result of his dedication. He currently serves as a member of the finance committee for his church and has served in a variety of capacities on the Parish Council. Notably, he has also successfully completed a program known as the Pastoral Formation Institute; a training program within the Church for those who wish to be active in a variety of ministries. Training included communications, listening skills, interpersonal dynamics and faith based courses.