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 east 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.
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