Sledguy74 Posted April 1, 2021 Share Posted April 1, 2021 A Arctic Cat and Yamaha Class Action Settlement If you purchased or leased a snowmobile with a 7000 or 1049cc engine of certain models for the years 2014 to 2018, you may be eligible for benefits from this class action settlement. What is this Class Action about? A national class action lawsuit was commenced in Québec (the “Class Action”) against Arctic Cat and Yamaha (the “Defendants”). The Plaintiff in the Class Action alleges that the starter installed in the Affected Snowmobiles was deficient and seeks damages from the Defendants. The Defendants deny any wrongdoing or liability. Nonetheless, a National Settlement Agreement has been reached whereby all claims by those who purchased or leased the Affected Snowmobiles will be settled (the “National Settlement Agreement). A virtual Court hearing to approve the National Settlement Agreement has been scheduled for June 18, 2021 at 9am EST. Click here for more information about the hearing. Who can receive benefits under this Class Action? Settlement Class Members are all persons who purchased or leased a snowmobile with a 7000 or 1049cc engine of the following models, in Canada for the years 2014 to 2018, and who did not validly opt out of the National Settlement Agreement: From Arctic Cat From Yamaha ZR 7000 LXR The Viper series ZR 7000 Sno Pro ZR 7000 Limited ZR 7000 EI Tigre ZR 7000 RR Pantera 7000 Pantera 7000 Limited M 7000 Sno Pro XF 7000 Cross Country XF 7000 Crosstour XF 7000 High Country XF 7000 Limited XF 7000 LXR XF 7000 Sno Pro XF 7000 Cross Country Sno Pro (collectively, the “Affected Snowmobiles”) What type of benefits may you be eligible for? The National Settlement Agreement provides for the following Settlement Benefits to Settlement Class Members, subject to the terms and conditions stipulated therein. Category 1 Claim (Extended Repair Program) – an installation of the Permanent Fix by an Authorized Dealer Category 2 Claim (Repair Work Credit) – a single Credit of either $80 CAD or $160 CAD, as the case may be, irrespective of the number of Affected Snowmobiles owned or leased, redeemable against any in-store or on-line Available Transaction made during the Claims Period Category 3 Claim (Out-of-Pocket Expenses) - a single Credit of $200 CAD per Incident, up to a maximum of three (3) Incidents, for a maximum combined Credit value of $600 CAD, as the case may be, irrespective of the number of Affected Snowmobiles owned or leased, redeemable against any in-store or on-line Available Transaction made during the Claims Period Category 4 Claim (Settlement Benefits to Past Owners) - an amount payable in cash equal to the combined value of the Credits he or she would otherwise be entitled to receive and redeem during the Claims Period The above is a summary of the Settlement Benefits. Clickhere for more information. Summary of Your Legal Rights and Options Do Nothing If you are a member of the Settlement Class and wish to participate in the National Settlement Agreement, you do not need to do anything at this time. If you do nothing, you automatically remain a Settlement Class Member (if you qualify) and you will be legally bound by the National Settlement Agreement, and by the releases in the National Settlement Agreement. You will no longer have the right to bring forth other legal proceedings in relation to the matters alleged in the Class Action against the Defendants. If the National Settlement Agreement is approved by the Court, further information about how to submit a claim will be made available on this website. Opt Out of the Settlement If you are a member of the Settlement Class and do NOT wish to participate in and be bound by the National Settlement Agreement, then you must opt out. By opting out, you are choosing: not to take part in the National Settlement Agreement; and not to participate in any of the Settlement Benefits. The deadline to opt out of the National Settlement Agreement and Class Action is April 21, 2021. Click here for more information. Object to the Settlement If you do not opt out of the Class Action and wish to provide written comments on or object to the National Settlement Agreement, you must provide your comments or notice of objection in writing no later than June 4, 2021, 5pm EST. Click here for more information. Submit a Claim It is not time to submit a claim yet. If the National Settlement Agreement is approved by the Court, further information about how to submit a claim will be made available on this website. Please check back regularly for updates. We recommend you take a few minutes to view theFAQ section for further details about this Class Action and the Settlement Benefits. Important Updates A negotiated National Settlement Agreement has been reached, and must now be approved by the Superior Court of Québec. Date of Settlement Approval Hearing A virtual Court hearing to approve the National Settlement Agreement has been scheduled for June 18, 2021 at 9am EST. Click here for more information. Purpose of Settlement Approval Hearing At this hearing, the Courts will decide whether to approve the Settlement. The Court will also be asked to approve Class Counsel’s fees in conformity with Section 10 of the National Settlement Agreement. Deadline to Opt Out The deadline to opt out of the National Settlement Agreement is April 21, 2021. You can download an Opt-Out Form here. Click here for more information. Deadline to Submit a Claim If the National Settlement Agreement is approved by the Court, further information about how to submit a claim will be made available on this website. A further notice to the Settlement Class Members will also be published containing all the relevant information about the claims process on this website. Registration Form to Receive Direct Notice If you would like to receive a direct notice of the claims process, you must register here or contact the Claims Administrator to register. rctic Cat and Yamaha Class Action Settlement If you purchased or leased a snowmobile with a 7000 or 1049cc engine of certain models for the years 2014 to 2018, you may be eligible for benefits from this class action settlement. What is this Class Action about? A national class action lawsuit was commenced in Québec (the “Class Action”) against Arctic Cat and Yamaha (the “Defendants”). The Plaintiff in the Class Action alleges that the starter installed in the Affected Snowmobiles was deficient and seeks damages from the Defendants. The Defendants deny any wrongdoing or liability. Nonetheless, a National Settlement Agreement has been reached whereby all claims by those who purchased or leased the Affected Snowmobiles will be settled (the “National Settlement Agreement). A virtual Court hearing to approve the National Settlement Agreement has been scheduled for June 18, 2021 at 9am EST. Click here for more information about the hearing. Who can receive benefits under this Class Action? Settlement Class Members are all persons who purchased or leased a snowmobile with a 7000 or 1049cc engine of the following models, in Canada for the years 2014 to 2018, and who did not validly opt out of the National Settlement Agreement: From Arctic Cat From Yamaha ZR 7000 LXR The Viper series ZR 7000 Sno Pro ZR 7000 Limited ZR 7000 EI Tigre ZR 7000 RR Pantera 7000 Pantera 7000 Limited M 7000 Sno Pro XF 7000 Cross Country XF 7000 Crosstour XF 7000 High Country XF 7000 Limited XF 7000 LXR XF 7000 Sno Pro XF 7000 Cross Country Sno Pro (collectively, the “Affected Snowmobiles”) What type of benefits may you be eligible for? The National Settlement Agreement provides for the following Settlement Benefits to Settlement Class Members, subject to the terms and conditions stipulated therein. Category 1 Claim (Extended Repair Program) – an installation of the Permanent Fix by an Authorized Dealer Category 2 Claim (Repair Work Credit) – a single Credit of either $80 CAD or $160 CAD, as the case may be, irrespective of the number of Affected Snowmobiles owned or leased, redeemable against any in-store or on-line Available Transaction made during the Claims Period Category 3 Claim (Out-of-Pocket Expenses) - a single Credit of $200 CAD per Incident, up to a maximum of three (3) Incidents, for a maximum combined Credit value of $600 CAD, as the case may be, irrespective of the number of Affected Snowmobiles owned or leased, redeemable against any in-store or on-line Available Transaction made during the Claims Period Category 4 Claim (Settlement Benefits to Past Owners) - an amount payable in cash equal to the combined value of the Credits he or she would otherwise be entitled to receive and redeem during the Claims Period The above is a summary of the Settlement Benefits. Clickhere for more information. Summary of Your Legal Rights and Options Do Nothing If you are a member of the Settlement Class and wish to participate in the National Settlement Agreement, you do not need to do anything at this time. If you do nothing, you automatically remain a Settlement Class Member (if you qualify) and you will be legally bound by the National Settlement Agreement, and by the releases in the National Settlement Agreement. You will no longer have the right to bring forth other legal proceedings in relation to the matters alleged in the Class Action against the Defendants. If the National Settlement Agreement is approved by the Court, further information about how to submit a claim will be made available on this website. Opt Out of the Settlement If you are a member of the Settlement Class and do NOT wish to participate in and be bound by the National Settlement Agreement, then you must opt out. By opting out, you are choosing: not to take part in the National Settlement Agreement; and not to participate in any of the Settlement Benefits. The deadline to opt out of the National Settlement Agreement and Class Action is April 21, 2021. Click here for more information. Object to the Settlement If you do not opt out of the Class Action and wish to provide written comments on or object to the National Settlement Agreement, you must provide your comments or notice of objection in writing no later than June 4, 2021, 5pm EST. Click here for more information. Submit a Claim It is not time to submit a claim yet. If the National Settlement Agreement is approved by the Court, further information about how to submit a claim will be made available on this website. Please check back regularly for updates. We recommend you take a few minutes to view theFAQ section for further details about this Class Action and the Settlement Benefits. Important Updates A negotiated National Settlement Agreement has been reached, and must now be approved by the Superior Court of Québec. Date of Settlement Approval Hearing A virtual Court hearing to approve the National Settlement Agreement has been scheduled for June 18, 2021 at 9am EST. Click here for more information. Purpose of Settlement Approval Hearing At this hearing, the Courts will decide whether to approve the Settlement. The Court will also be asked to approve Class Counsel’s fees in conformity with Section 10 of the National Settlement Agreement. Deadline to Opt Out The deadline to opt out of the National Settlement Agreement is April 21, 2021. You can download an Opt-Out Form here. Click here for more information. Deadline to Submit a Claim If the National Settlement Agreement is approved by the Court, further information about how to submit a claim will be made available on this website. A further notice to the Settlement Class Members will also be published containing all the relevant information about the claims process on this website. Registration Form to Receive Direct Notice If you would like to receive a direct notice of the claims process, you must register here or contact the Claims Administrator to register. Quote Link to comment Share on other sites More sharing options...
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