A new class action lawsuit is being initiated against FCA US regarding the defective RAM Trucks. These defects have led to significant issues for certain truck owners, potentially posing risks while the vehicles are in use. If you are affected, you may be entitled to compensation from the RAM Truck Class Action Settlement. Continue reading this article for detailed information about the lawsuit and your potential compensation.
The plaintiffs have alleged that the RAM Truck models exhibit faults in the anti-lock braking system (ABS) and brake hydraulic control units. Consequently, they filed a lawsuit, which has turned into the RAM Truck Defect Class Action Lawsuit. Once the court gives final approval, you may be eligible to claim a portion of the settlement amount.
RAM Truck Defect Class Action Settlement
Certain individuals can submit valid claims to receive compensation for the defective RAM Trucks sold to customers. The lawsuit, known as the FCA RAM Truck Class Action Lawsuit, has resulted in the company agreeing to a settlement of up to $600,000 for eligible claimants who file within the stipulated deadline. Therefore, it is essential to review the full details to ascertain your eligibility and file your claim application form promptly.
FCA US will distribute the compensation to the affected individuals upon the court’s final decision. This article aims to clarify the FCA RAM Truck Defect Class Action Settlement, outlining why the company is facing legal action, as well as providing information on eligibility criteria, settlement amounts, and other relevant details.
FCA RAM Truck Class Action Settlement – Overview
Article On | RAM Truck Defect Class Action Settlement |
Country | USA |
Department | RAM Truck |
Beneficiary | Affected Individuals |
Amount | Based on eligibility |
Category | Finance |
Official Website | fcarambrakesettlement.com |
Who is Eligible for the FCA RAM Truck Defect Class Settlement?
Individuals who meet certain criteria will qualify for compensation from the company based on the claims filed. It is important for potential claimants to review the FCA RAM Truck Defect Class Compensation Eligibility Criteria to determine their eligibility for payment. Consider the following information to help you understand how to receive your share from the settlement amount.
- The applicant must be a resident of the United States and must have purchased a defective RAM Truck manufactured between April 1, 2017, and December 29, 2018.
- The applicant must complete the claim application form to be considered a valid claimant for this settlement.
- The claimant must not be excluded from the settlement.
- The claim application must be submitted before the deadline.
- The specific model of RAM Truck must have been purchased to qualify for compensation from the company.
List of Qualifying RAM Trucks for the Settlement
Below are some of the RAM Truck models that allow owners and lessees to claim their share from the settlement. The following vehicles are qualified under the RAM Truck Defect Class Action Settlement:
- D2 RAM 3500
- DJ RAM 2500
- DF RAM 3500 10K LB
- DD RAM 3500 Cab Chassis
- DX RAM Cab Chassis
- Cab Chassis
- DP RAM 4500
- DP RAM 5500
Understanding the FCA RAM Truck Defect Class Action Lawsuit
FCA US produces various brands, including RAM Truck. Between April 1, 2017, and December 29, 2018, certain trucks manufactured by FCA received multiple complaints concerning their ABS and brake hydraulic control units. The plaintiffs allege that the company supplied these defective components to customers, leading to considerable risks. The FCA RAM Truck Defect Class Lawsuit was filed to address these serious concerns, including potential full brake lockup and related braking problems.
- Additionally, owners and lessees have incurred financial costs to remedy this defect in their vehicles. The company claims it did not engage in any wrongdoing.
- Nevertheless, FCA is willing to settle this lawsuit in order to avoid prolonged litigation.
- The company has agreed to offer rental vehicle reimbursement, repair reimbursements, and benefits from a voluntary safety recall.
- A total sum of up to $600,000 RAM Truck Defect Class Settlement is available for vehicle owners and lessees as reimbursement.
RAM Truck Defect Class Action Settlement Payment Amount
- Only certain RAM Truck owners and lessees will be eligible for reimbursement from the company.
- The total amount of up to $600,000 will be allocated to valid claimants based on their repair costs.
- Class members may receive up to $100 per day for rental vehicle reimbursement, capped at $1000 per vehicle.
- You will need to await the court’s final approval to determine your exact compensation under the RAM Truck Defect Class Action Settlement.
FCA RAM Truck Defect Class Action Settlement Important Dates
Please consult the following table for important dates related to the RAM Truck Class Settlement Amount. This will help you keep track of key events and their respective dates regarding the settlement.
RAM Truck Defect Class Settlement Important Dates | Specific Event |
April 1, 2017 to December 29, 2018 | Defective RAM Truck Manufacturing Dates Range |
March 20, 2025 | Exclusion Deadline |
March 20, 2025 | Objection Deadline |
April 11, 2025 | Final Approval Hearing Date |
Samarth Choudhary serves as the Chief Editor at keralacobank.com. He possesses a decade of editorial experience in online media. Samarth graduated from the University of California and obtained a master’s degree in Finance from the University of Dallas in 2010. His primary focus and expertise lie in Finance, Taxes, Government Aid, and Schemes. He aims to provide accurate and concise information to users published on keralacobank.com.