Ally Financial Hidden Auto Leasing Fees Class Action Settlement

Class Eligibility

All persons nationwide who leased a motor vehicle pursuant to a SmartLease Agreement that was assigned to Ally Financial Inc. (or a predecessor in interest or affiliated company, including General Motors Acceptance Corporation, GMAC LLC, GMAC Inc., GMAC Automotive Bank, Ally Bank, Ally Bank Lease Trust or Ally Financial Lease Trust), and who subsequently purchased the leased vehicle between June 4, 2009 and June 18, 2018 pursuant to the purchase option provision in the SmartLease Agreement and were required to pay a documentary, dealer, or similar fee not disclosed in the SmartLease Agreement when purchasing the vehicle (the “Settlement Class”).

Estimated Amount

Varies

Proof of Purchase

Yes

Case Name

Schreiber v. Ally Financial Inc.,
Case No. 1:14-cv-22069

District Court for the Southern District of Florida

Case Summary

This class action lawsuit alleges that Defendant Ally Financial Inc. (“Ally”) violated the legal rights of consumers by charging or permitting dealerships to charge impermissible documentary or dealer fees in connection with lease-end vehicle purchases pursuant to purchase option provisions in consumers’ leases. Ally denies that it has acted unlawfully, but has agreed to enter into this Settlement to resolve these allegations.

Settlement Pool

$19,717,222

Deadline

01/09/2019

Contact

Schreiber v. Ally Financial, Inc.

c/o Heffler Claims Group

PO Box 7528

Philadelphia, PA 19101-7528

1-844-702-2784