News, Updates & Insight

The Settlement Report Newsletter – 2nd Edition

CAC Recovery The Settlement Report

Benefits of a Dedicated Class Action Settlement Claim Advocate

Every Fortune 500 company is eligible to receive recoveries from many of the multimillion-dollar class action settlements that occur each year. Out of all these cases, only one or two may justify dedicating company resources to prepare and file a claim. It can be…
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Current Case Updates & Upcoming Cases

At CAC, we want to be your ‘go to source’ for corporate class action settlements, both current and future. We promise to provide updates via newsletters, emails and phone calls so that you never leave money on the table by missing out on a case that your company may be eligible to receive, view updates in link above…
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The Settlement Report Newsletter – Inaugural Edition

CAC Recovery The Settlement Report

Who Will Know We’ve Filed a Claim in a Class Action Settlement?

At Class Action Claims Recovery (CAC Recovery), companies that have filed a claim often express concerns to us over who will know about the filing of their claim, and if it will cause harm to relationships with their partners or vendors. Here are a few simplified answers, which are explained in more detail in the above link, to help address those concerns…

Current Case Updates & Upcoming Cases

At CAC, we want to be your ‘go to source’ for corporate class action settlements, both current and future. We promise to provide updates via newsletters, emails and phone calls so that you never leave money on the table by missing out on a case that your company may be eligible to receive, view updates in link above…

Businesses: Recover claims from antitrust class action settlements

ExpertBeacon – By Jon A. Orr, CEO and Co-Founder of CAC Recovery LLC

cac_recovery_help_businesses_recover_claims_within_antitrust_class_action_settlementsEach year, businesses miss out on recovering millions of dollars from antitrust class action settlements due to lack of awareness of their potential claim, complexities of the claims filing process and uncertainties about the value of their claim. As a result, companies and their legal professionals have an untapped opportunity to explore and recover potential antitrust claims to which they may be entitled. Companies large and small can maximize their recoveries and avert potential pitfalls by gaining a greater understanding of the antitrust class action settlement process and the necessary steps to navigate it successfully.

Antitrust class action settlements typically arise when a company or group of companies allegedly use illegal anticompetitive business practices. These practices can include bid-rigging, price-fixing and market allocation. If a business purchased goods from a company using these anti-competitive practices, they may have paid too much for these goods. In order to recover these damages and prevent the violators of antitrust laws from continuing these illegal practices, some of the parties impacted by the alleged illegal activities file class action lawsuits against the alleged violators. These lawsuits typically take years and cost a significant amount of money to both the defendants and plaintiffs in legal fees. In order to reduce the uncertainty of a large damage award if a defendant loses and to avoid distractions caused by the litigation, many defendants choose to settle the lawsuit. Once the lawsuit is settled, generally the only way to receive a share of the settlement is to file a claim. In most cases, a business will only receive a fraction of its damages as a recovery from the settlement. However, there are some practices to perform and others practices to avoid to maximize your recovery.

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Tips For Maximizing Recoveries In Antitrust Class Actions

Law360, New York (July 08, 2014, 10:43 AM ET) —By Jon Orr, CAC Recovery LLC

Within corporate America, companies and their legal teams invest substantial time and resources into preventing and defending potential claims resulting from class action litigation. Surprisingly, however, there exists a significant lack of awareness and focus among corporate executives regarding claims their companies may be entitled to within antitrust class action settlements. Each year, millions of dollars are left unclaimed by class members who fail to file a claim in an approved antitrust class action settlement. Furthermore, companies often encounter pitfalls and oversights in identifying and pursuing antitrust class action damages, as the filing process can often be burdensome and time-sensitive.

There are a multitude of reasons why large companies do not identify or file claims within antitrust settlements. Lack of awareness among companies that are eligible class members is one common barrier. The complexities of the class action claims filing process and the associated deadlines also can be a deterrent to successful claims recovery. And, in other cases, companies may have identified a potential claim, but cannot estimate the potential recovery from the settlement, and therefore cannot provide or conduct the cost-benefit analysis to support allocating resources to pursue the claim.

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Claims Administration Experts Establish New Antitrust Class Action Settlement Recovery Firm

Jon Orr and Frederick Brown Launch CAC Recovery LLC to Help Companies Recover Antitrust Class Action Damages.

TAMPA, Fla., June 2, 2014 – PRNewswire

Every year, thousands of large companies fail to recover antitrust class action claims because they are too busy to file them or are unaware of potential claims to which they may be entitled. Claims administration experts Jon Orr and Frederick Brown have established a new firm – Class Action Claims Recovery (CAC Recovery LLC) – to help such companies identify and recover these claims.

“Antitrust laws were created by the U.S. Department of Justice to protect economic freedom and opportunity by promoting fair and free competition in the marketplace,” commented Jon Orr, CAC Recovery’s co-founder and chief executive officer. “At CAC Recovery, we fulfill the spirit of these laws by helping companies uncover potential antitrust class action claims and by streamlining the process of pursuing them.”

Continue reading Claims Administration Experts Establish New Antitrust Class Action Settlement Recovery Firm