UPDATE: The Court will hold a Fairness Hearing on March 4, 2022 at 2:30PM in Dept. 28 - at the Sacramento Superior Court, 720 9th st., 5th floor, Sacramento, CA 95814. For more information, please visit here.
If you are a retailer of beer or liquor who paid a late fee to Markstein Beverage Co. of Sacramento, you could get a full refund from a class action settlement.
Important Dates
February 5, 2022 — Exclusion Deadline
February 5, 2022 — Objection Deadline
March 4, 2022 — Final Hearing
- A settlement has been reached with Markstein Beverage Co. of Sacramento (Markstein) in a class action lawsuit alleging that Markstein charged more than is allowed for late fees on the purchase of beer or liquor.
- You are included in this settlement if you paid or were assessed a late fee by Markstein at any time after October 9, 2016 or if you have a current contract with Markstein that calls for payment of more than 1% per month for late fees.
- Those included in the settlement will receive a payment reimbursing the actual amount of late fees they paid to Markstein over 1% per month during the Class Period or will have their contracts modified to prevent any such charges in the future.
- Your rights are affected whether you act or don’t act. Read this Notice carefully.
| YOUR LEGAL RIGHTS AND OPTIONS IN THIS SETTLEMENT: | |
|---|---|
DO NOTHING |
If you do nothing, you will receive reimbursement of any late fees actually paid to Markstein in excess of 1% per month, have any such unpaid late fees written off and/or have your contract revised to prohibit such payments in the future. |
ASK TO BE EXCLUDED |
Get out of this lawsuit. Get no benefits from it. Keep the right to file your own lawsuit. This is the only option that allows you to sue, continue to sue, or be part of another lawsuit against Markstein related to the legal claims this settlement resolves. However, you will give up the right to get a payment from this settlement. |
OBJECT TO THE SETTLEMENT |
Write to the Court about why you don’t like the settlement. If you do not exclude yourself, you may object and retain a claim for a cash payment. |
GO TO A HEARING |
Appear and speak at the Fairness Hearing on March 4, 2022. |
- These rights and options — and the deadlines to exercise them — are explained in this Notice.
- The Court in charge of this case still has to decide whether to approve the settlement.