Ally Financial has agreed to pay approximately $20 million in a Dealer Fee settlement.
Class members in the case contend that Ally Financial misled consumers when financing vehicle purchases.
Class members on the Ally Financial Class Action Lawsuit claim these fees were not described in the SmartLease contract that consumers agreed to when they started the lease agreement.
Ally Financial denies any actions of wrongdoing but have agreed to a mindblowing $20 million dollar settlement in order to avoid further trial costs.
Who should file a claim?
Anyone in the U.S., who between June 4, 2009, to June 19, 2018, who leased a motor vehicle pursuant to a SmartLease agreement that was assigned to Ally Financial Inc. and was assessed a “documentary” or “dealer” fee.
Proof of purchase required?
Class members will need to provide the class member ID from the Dealer Fee Settlement Notice. If you did not receive a notice in the mail please call 1-844-702-2784.
Dealer Fee Settlement Contacts
- Phone: 1-844-702-2784
- Mail: Schreiber v. Ally Financial, Inc., c/o Heffler Claims Group, PO Box 7528, Philadelphia, PA 19101-7528
- Fax: Not Found
- Email: Not Found
Dealer Fee Settlement Important Dates
- Aug. 31, 2018: Objection/Exclusion Deadline (expired)
- Oct. 11, 2018: Settlement Fairness Hearing
- Jan. 9, 2019: Estimated Claim Form Deadline
Ally Financial Hidden Dealer Fee Settlement Talking Points
- Entitled Schreiber v. Ally Financial Inc.
- Listed as case number 1:14-cv-22069
- Pending in the U.S. District Court for the Southern District of Florida
- If claims and settlement costs exceed the $19.7 million settlement fund, awards will be adjusted on a pro rata basis
The exact amount of money any one Ally Financial Hidden Dealer Fee settlement class member will receive is not known at this time and will depend on how many people file claims.
Class members who file valid claims will be represented by Podhurst Orseck PA and Baron & Budd PC.
Ally Financial Inc. has hired the law firm of Ballard Spahr LLP.
Other Big Money Settlements