Reynolds & Reynolds has agreed to $129.5M Dealer Management Systems Class Action Settlement. The vehicle seller companies who have purchased the Car Dealership Management Software from Reynolds & Reynolds between 01/07/2013 and 15/08/2024 will be eligible for $129.5M Dealer Management Systems Class Action Settlement.
This settlement aims to provide settlement or compensation to those who have claimed the price increase will get the benefits. In this article, we explain all the important details about the $129.5M Dealer Management Systems Class Action Settlement, the Eligibility for the said settlement, and the deadlines for a claim. The important thing is how to claim for $129.5M Car Dealer Management Service Class Action Settlement.
Overview of $129.5M Dealer Management Systems Class Action Settlement 2025
| Title | $129.5M Dealer Management Systems Lawsuit Settlement |
| Affected Company | Reynolds & Reynolds or CDK Global |
| Claim Type | Class Action/Lawsuits |
| Who is Eligible? | Car Dealers who purchased software between Sep 2013 and Aug 2024 |
| Total Settlement Amount | $129.5 Million |
| Affected People | Car Dealers |
| Country | The United States |
| Last Date to Claim | 9th January 2025 |
| Last Hearing | 23rd January 2019 |
| Deadline for exclusion and objection | 7th November 2024 |
| Final Approval Hearing | 25th February 2025 |
| Official Website | Claim for DMS antitrust class action settlement |
What is $129.5M Dealer Management Systems Class Action Settlement?
A $129.5 million DMS Class Action Settlement is expected to be settled by Reynolds and Reynolds Company or CDK Global INC. It is the software company of the US that was alleged to have increased the costs of the Car Dealer Management System/DMS. The company was blamed for raising the prices of Car DMS which was purchased by Car Dealer in the US between September 2013 and August 2024.
This class action is also known as Dealer Management System Antirust Litigation or DMS Antitrust Litigation Lawsuit. Reynolds and Reynold were accused by the “Auto Dealership Plaintiffs” of the US for increasing the fixed price of Car DMS or DIS system software. The Company is blamed for violating Federal Antitrust and Consumer Protection Laws. However, it has not been decided yet who is right at the final point. The Reynolds didn’t agree to the allegations but CDK Global has agreed to the $129.5 million DMS Class Action Settlement.
Who’s Eligible for $129.5M Dealer Management Systems Class Action Settlement
The Car Dealer who are victims of this DMS Antitrust Litigation or Lawsuit can be eligible to get the settlement payment if they meet the following criteria:
- To be eligible to receive the settlement amount, the members of Automobile Platniffs must claim for the settlement by 9th Jan 2025.
- Claimants must have proof to be a victim representing the required documents such as the DMS Schedule, Master Agreements, Service Agreements, and other agreements made with Reynolds and Reynolds or CDK.
- According to the settlement rules, dealers who have bought the DMS Service Software from CDK Global during the mentioned time can get cash benefits. It will depend on the time duration for which they have paid for the services.
- Vehicle Dealers from all the states or locations and sellers who are doing business under various regions will also be eligible for a $129.5 million DMS Class Action Settlement for each region separately.
How to Claim for $129.5M Dealer Management Systems Class Action Settlement?
To file a claim against Reynolds and Reynolds against $129.5M Dealer Management Systems Class Action Settlement you need to visit the official website of Class Action Settlement. You can also send an email to the Antitrust Litigation Admin to claim for DMS Lawsuit Settlement Payment. Remember, to enter the correct information while submitting a claim to avoid rejection.
Conclusion:
$129.5 million DMS Class Action Settlement has been approved to be settled by CDK Global. The company was accused of fluctuating the DMS prices of Car dealers in the US who purchased the Software between September 2013 and August 2024.
| Home Page | TMBU |
The Company is alleged for violating the US Federal Antitrust and Consumer Protection Laws. The total settlement amount is set at $129.5 Million for settlement. You can apply for this from the official website of the DMS Claim Administration and receive the claims on time.
FAQs for $129.5M Car DMS Lawsuit Class Action Settlement
What is the Total Claim Settlement Amount under Car Dealer DMS Class Action?
CDK Global has agreed to $129.5M out of which $100M+ $2,50,000 for administrative charges and $29.5 were already agreed to be paid in 2029 by Reynolds and Reynolds.
What will I need to submit a DMS Claim?
While submitting the claim for $129.5 DMS Class Action Settlement, you will need the supporting documents such as a unique ID provided via mail and a PIN provided by the DMS Antitrust litigation admin.
Balvinder Saaga, an engineering graduate from Delhi University, has been passionately working as a content writer since 2021. Hailing from Punjab, Balvinder specializes in crafting informative and engaging content with a core focus on education and social schemes
