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Dealer Management Systems Settlement

  • Writer: MCAG
    MCAG
  • Sep 20, 2024
  • 2 min read

A significant $129.5 million settlement opportunity has been reached for the automotive industry. If your business purchased Dealer Management System (DMS) software services from CDK Global or The Reynolds and Reynolds Co., this could result in substantial compensation for your dealership!


In re Dealer Management Systems Antitrust Litigation (18-cv-00864; MDL No. 2817)


Settlement Fund

$129,500,000   


Class Period

September 1, 2013 to August 15, 2024


Claim Filing Deadline

January 9, 2025


Defendants

CDK Global, LLC (“CDK”) and The Reynolds and Reynolds Company (“Reynolds”)


Overview 

This lawsuit addresses allegations that CDK and Reynolds conspired to inflate prices for DMS software services and data integration. Defendants deny these allegations.


Together, these companies control about 75% of the U.S. dealer market, and up to 90% when measured by vehicle sales.


Reynolds reached a settlement with dealerships in 2018 for $29.5 million, and CDK recently settled for $100 million. These settlement funds have been combined, with the filing deadline set for January 9, 2025. This settlement is designed to compensate dealerships that were impacted by the alleged anticompetitive practices.


Eligibility

All U.S.-based dealerships engaged in retail automobile sales that purchased DMS from CDK and/or Reynolds between September 1, 2013, and August 15, 2024, may be eligible for compensation. Many dealerships are entitled to payments from both the CDK and Reynolds settlements, depending on their DMS provider during the class period.


Recommended Next Steps

To submit a valid claim, certain documentation is required, including signed DMS contracts with Reynolds or CDK that confirm your DMS usage. Rooftops filing a claim will also need to provide additional documents, such as a signed Master Agreement.


Need more information? Call MCAG at 1-800-355-0466 to learn more or CLICK HERE to complete our contact form and an MCAG representative will respond shortly.

 
 
 

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MCAG is a revenue recovery consulting firm where teams of advisers, researchers, and IT professionals provide ongoing expertise, analysis, and technology to ensure our clients capture every recoverable dollar.  

Payment Card Settlement Disclaimer: The claims filing deadline of February 4, 2025 has passed. No-cost assistance is available from the Class Administrator and Class Counsel. No one is required to sign up with any third-party service in order to participate in any monetary relief. For additional information regarding the status of the litigation, interested persons may visit  http://www.paymentcardsettlement.com, the Court-approved website for this case.

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