CarsDirect.com Update

There has been a procedural delay in the resolution of the CarsDirect.com class action settlement which, unfortunately, will result in class members having to wait before their claims can be honored.

One individual, a Michigan resident, has made an objection to the class-action settlement. However, this individual does not appear to be a member of the class; therefore, it is our position that he has no right to challenge the settlement. The trial judge, Hon. Peter Lichtman, agreed and ruled that this individual IS NOT A CLASS MEMBER, but the objector filed an appeal from the judge's ruling. As a result of this appeal, we are prevented from distributing any of the settlement proceeds until the appeal is resolved. This office filed a motion to dismiss the appeal, since the "objector," in our view, lacks standing (the legal ability) to challenge the settlement. The motion is currently pending before the Court of Appeals. There will be an update posted as soon as a determination has been made. Therefore, unfortunately, the claims settlement process has been placed on hold for the time being. Thank you for your continuing patience.