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Mercedes-Benz settles in price-fixing lawsuit

 
4 1,665 views Feb 18, 2008

Mercedes-Benz settles in price-fixing lawsuit

Mercedes-Benz settles in price-fixing lawsuit

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Mercedes-Benz has decided to settle in a lawsuit filed against it in the U.S., which claims the carmaker and several of its dealers in the New York region are guilty of price fixing. The case, which was first filed nearly nine years ago, has come to an end with Mercedes America agreeing to a $9.5 million settlement and 23 individual dealers also agreeing to an $8 million settlement.

The class-action suit alleges Mercedes-Benz and the dealers "unlawfully agreed to fix, raise, maintain and stabilize prices" of vehicles sold in the New York area, reports Automotive News. The suit alleged customers paid more than they otherwise would have for the vehicles.

According to the terms of the settlement, individual Mercedes owners who participated in the suit will be paid set amounts by a court-appointed administrator. The case covers cars sold or leased between Feb. 1, 1992, and Aug. 30, 1999. The range of payouts starts with $100 for owners of the C-Class and tops out at $896 for CL owners.

Mercedes and the dealers "deny liability and have settled purely to avoid the expense and uncertainty of complex litigation," according to legal documents.



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Comments (4)

  1. By SuperSkyline89 Posted: 2/18/2008 10:30pm PST

    Now I don't know much about this case but wouldn't the lawyer fees be way more than the couple hundred dollars the owners receive? Any clarification would be appreciated.
     
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  2. By kerb16 Posted: 8/22/2008 12:26pm PDT

    I am one of the owners involved in this litigation. as of today i have heard nothing about a final settlement. Originally we were advised that it was a couple of thousand dollars to the various owners, but after all the legal fees it has come down to a few hundred. it would be nice to know if in fact the litigation is over.
     
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  3. ma_aggy28 avatar aggy28 Posted: 5/11/2009 7:56am PDT

    i am one of the customers involved in the class action suit and had been told that the checks were being sent out after christmas. as of today may 11,2009 i have not heard anything or received any check. what's up?
     
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  4. By  leslie mandel Posted: 4/12/2011 1:55pm PDT

    I have also never been paid ant today is April 12 2011. Further the car I BOUGHT Mercedes Benz never put in my name at DMV, so I have been driving it since 1995 and Legally with DMV have not owned it. The car SHUT DOWN on the highway and no one can fix it. I want to sell it for parts but can not as Mercedes will not send me the proper paperwork to change it to my name. What do I do my email is richlistco@aol.com Who do I call to get paid on the class action suit?
     
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