Nancy Wolf, et al. v. Toyota Motor Sales, U.S.A.


2,500,000

Class Members

$2,500,000

Settlement Fund

03-14-1997

Date

Case Description


Class Plaintiffs alleged that regional Toyota Associations (TDA) repaid advertising assessments to individual dealer members which the dealers identified on dealer invoices as a cost to the dealer, but did not use for advertising purposes. In the resulting settlement, each class member received a transferable discount coupon that could be used for a $150 discount toward the purchase or lease of a new or used Toyota vehicle, or a $50 discount toward service repairs from a participating Toyota Dealer. Each coupon had a face value of $150.

 

Counsel for Plaintiffs:

Francis O. Scarpulla (Scarpulla Law)

Norman Stone (Stone & Moore)

John Douglas Moore (Stone & Moore)

 

Counsel for Defendants:

J. Thomas Rosch (Latham & Watkins L.L.P)

 
Legal Documents

Court Information


Case #
C-94-1359-MHP, C94-1377-MHP, C94-1960-MHP
Case Type
Antitrust
Court Type
District Court
Jurisdiction
Northern District of California
Judge
Marilyn Hall Patel
Industry

CCC Performance


CCC was cited by a class member in an objection that stated the deficiency of coupon distribution without a market maker. In overseeing this objection, Special Master Charles B. Renfrew stated, “The existence of a viable secondary market for the settlement coupons was a factor in my recommendation to the court and the court’s approval of the settlement.” CCC stepped in to help coupon holders who did not need their coupons and brokered approximately 9,000 coupons.

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