Antitrust & Class-Action Settlements
Each year, billions of dollars of antitrust settlement funds are awarded but go unclaimed. In many cases, potential claimants aren’t even aware of these settlements. If they are aware, they either don’t think it will be worthwhile to file a claim or don’t have the time and resources to pursue a refund. In the end, they wind up missing out on money that is distributed to those companies that did file claims.
That’s where National Equity Recovery Group can help. Since 1985, National Equity has helped thousands of clients across the United States recover more than $65 million. We work with businesses of all sizes and have successfully completed recoveries for IBM, General Motors, WR Grace, BASF and PPB Industries, among many others. We make the process easy for our clients, handling all necessary work until your payment is received. And, we work strictly on a contingency basis – if there is no recovery, there is no charge for our services.
If you have any questions about our settlement services, or if you would like to discuss your particular situation, please do not hesitate to call toll-free 1-800-729-5998 or contact Janice Hart, Project Manager.
|Settlement||Description||Settlement Fund||Filing Deadline|
|Automobile Dealers (Automotive Parts)||The lawsuit claims that the Defendants conspired to fix, maintain and artificially raise the prices of component parts. As a result dealers paid more than they should have for vehicles. Learn More||$124+ Million (2nd round) additional settlements are anticipated.||April 28, 2017|
|Optical Disk Drive-Indirect||Optical disk drives are devices that allow data to be read from and/or written to optical disks. The devices that qualify for this settlement are: a computer with an internal disk drive: a stand alone disk drive designed for internal use in a computer, or an optical disk drive designed to be attached externally to a computer. Learn More||$180 Million (to date)||October 30, 2017|
|Automotive Parts Indirect (Auto Purchase & Lease)||If you bought or leased a new motor vehicle, or bought certain replacement parts for a motor vehicle in the U.S. since 1998, you could receive a payment from these settlements. Learn More||Currently $711+ Million||To be determined|
|Lithium Ion Batteries (Indirect)||If you purchased portable computers, power tools, mobile phones and/or other items containing Lithium Ion Batteries you maybe entitled to a substantial payment. Learn More||Currently $64+ Million (to date)||November 29, 2017|
|Containerboard Products||The lawsuit alleges that the Defendants engaged in illegal anti-competitive conduct regarding the sale of Containerboard Products, and that as a result, direct purchasers of Containerboard Products paid more than they otherwise would have. Learn More||$376.4 Million(subject to court approval)||to be determined|
|Processed Egg Products||The lawsuit alleges that Defendants conspired to decrease the supply of eggs which caused direct purchasers of shell eggs and egg products to pay more than they would have otherwise paid. Learn More||$83.4 Million||October 9, 2017|
|Cathode Ray Tube (CRT) Direct||The lawsuit alleges that Defendants and co-conspirators conspired to raise and fix the prices of CRTs and the CRTs contained in certain finished products for over ten years. Learn More||$84.75 Million+ second round||May 29, 2017|
|Freight Forwarders||Plaintiffs claim the Defendants conspired, in violation of antitrust laws, to fix the prices for freight forwarding services From January 1, 2001 through January 4, 2011 Learn More||$53+ Million(3rd round)||April 3, 2017|
|Caterpillar Engine Settlement||The settlement offers payments to current and former owners and lessees of vehicles with EPA 2007 Compliant Caterpillar On Highway C13 and C15 engines (manufactured in 2006, 2007, 2008 and 2009) ("Subject Engines"). Learn More||$60 Million||March 20, 2017|
|Cast Iron Soil Pipe||Plaintiffs claim that due to Defendant's anti-competition conduct, class members paid more for Cast Iron Soil pipe than they should have.Learn More||$30 Million||February 13, 2017|
|Washington State LCD Settlement||The complaint alleges that the defendants participated in a conspiracy to raise the prices of LCD flat panels, resulting in damages to consumers. Learn More||$63 Million||September 30, 2016|
|Illinois State LCD Settlement||The lawsuit alleges that due to a price fixing conspiracy, Illinois residents were overcharged for LCD devices. Learn More||$104.6+ Million||October 4, 2016|
|Polyurethane Foam-Indirect||Plantiffs claim defendants engaged in a conspiracy to: increase prices of polyurethane Foam and not compete for, or allocate, customers. Learn More||$151.25 million||February 29, 2016|
|Cathode Ray Tube (CRT) Indirect||The lawsuit claims that numerous Defendants conspired to fix, raise, maintain or stabilize prices of CRT Products resulting in overcharges to consumers who bought CRT Products such as televisions and computer monitors.Learn More||$576.75 Million+||December 7, 2015 Click here to get started|
|MasterCard/Visa Interchange Fee||The Second Circuit Court of Appeals reversed approval of the settlement and returned the case to the District Court on June 30, 2016. Litigation is ongoing.||To Be Determined||To Be Determined|
|Traditional Blood Reagents||The lawsuit alleges the Defendants conspired to raise and fix the prices of blood reagents, and as a result of this alleged conspiracy, the price paid by companies or entities to certain traditional blood reagents manufacturers were higher than they otherwise would have been.Learn More||$22 Million||Pending.|
|Flexible Polyurethane Foam||Plaintiffs allege that defendants conspired to fix, raise, stabilize or maintain prices of Flexible Polyurethane foam and as a result purchasers paid more than they would have otherwise paid.Learn More||$275.5 Million||September 15, 2015|
|Optical Disk Drive||The settlement class includes persons and entities who, between January 1, 2004 and December 31, 2011, directly purchased an ODD or an ODD Device in the United States from any Defendant. Learn More||$77.75 Million (total to date)||March 7, 2016 (2nd round)|
|Air Cargo Shipping Services 5||The lawsuit alleges that the Defendants conspired to fix, raise, maintain, or stabilize prices of Airfreight Shipping Services by coordinating surcharges (i.e.: fuel and security surcharges) Learn More||$197.5 Million (5th Settlement)||September 9, 2016|
|Steel Products||Plaintiffs allege the Defendants conspired, in violation of the U.S. antitrust laws, to restrict their output and therefore raise or fix the prices for Steel Products Learn More||$163.9+ Million||February 3, 2015|
|U.S. Foodservice (USF) Pricing||The lawsuit alleges that USF, improperly inflated the “cost” of goods it sold to its customers with cost-plus purchasing Learn More||$297 Million||December 19, 2014.|
|Blue Cross Blue Shield of Michigan (BCBSM)||The lawsuit alleges that BCBSM had clauses in its contracts with certain Michigan General Acute Care Hospitals that violated federal and state antitrust laws Learn More||$29.9 Million||November 16, 2014.|
Antitrust & Class-Action FAQ
Why should we use National Equity to recover funds from a class action settlement?
You should use us if you don't have the time and/or resources to devote to understanding the details of a settlement, monitoring settlement progress, meeting deadlines and filing claims.
National Equity handles the administrative aspects of the claim process to maximize your recovery and minimize your time and trouble. In business since 1985, we have recovered over $65,000,000 for our clients. We will also notify you if you are eligible for any future settlements.
Our Fee is 25% of the payment that results from our efforts (our competitors typically charge up to 35%!)
Who handles the paperwork and what kind of documentation is required?
Once National Equity receives your signed Authorization and Representation Agreement, the claim process begins.
We will compile, organize and prepare your claim based on your information and our knowledge of what the Claims’ Administrator requires. The necessary documentation is different for each settlement, but, generally, copies of invoices are not required and many claims are approved based on defendant supplied information, total spending records and/or good faith estimates.
Of course, the more information you are able to provide, the better your chances for a maximized and successful claim.
How much will my company recover?
The size of your recovery depends upon the total amount of your purchases and the total value of all claims submitted in the Class Action Settlement. This information is not known until the claim period is closed, claims are validated and submitted to the court for approval. You can be assured that National Equity will work to maximize your recovery.
We have a good relationship with the defendant; Will filing a claim jeopardize our relationship?
No. Claims are confidential and your company will be assigned a claim number. You will not be identified by company name and National Equity will be the point of contact.
Keep in mind the Defendants have already paid into the settlement fund and your claim will not increase the amount they pay.
How long does the claim process take?
Every settlement is different; but, generally speaking, it can take anywhere from six months to two (or more) years.
What if my claim is rejected?
If the Claims’ Administrator requests additional information or documentation, you can decide at that time how (or if) to proceed. There are no penalties for withdrawing a claim; nor is there any payment due to National Equity if no settlement amount is recovered for you.