Proposed Settlement Reached in Canadian Vehicle Carriers Class Actions
Foreman & Company is pleased to announce that a further proposed national settlement has been reached in the Canadian Vehicle Carrier Services Class Actions.
The settlement was reached with the defendants Mitsui O.S.K., Ltd., Mitsui O.S.K. Shipping (U.S.A.), Inc. Nissan Motor Carrier Co. Ltd., and World Logistics Service (USA) Inc. ("MOL"). Under the terms of the proposed settlement, MOL has agreed to pay CAD $7,000,000 for the benefit of settlement class members and to provide cooperation to the plaintiffs in pursuing their claims against the remaining non-settling defendants.
The proposed settlement must be approved by the Courts before it becomes effective.
“Vehicle Carriers” transport large numbers of cars, trucks, or other automotive vehicles including agriculture and construction equipment over oceans using specialized cargo ships known as Roll On/Roll Off vessels (“RoRos”). A RoRo ship is a special type of ocean vessel that allows wheeled vehicles to be driven and parked on its decks for long voyages. “Vehicle Carrier Services” are the paid ocean transportation of vehicles by RoRo.
This is the second settlement reached to date in the Actions. To learn more about the proposed settlement, please visit the settlement website at: roroclassaction.com or view the Notice of Settlement Approval.
Foreman & Company is working collaboratively with Camp Fiorante Matthews Mogerman LLP and Belleau Lapointe, s.e.n.c.r.l. to prosecute the Canadian Vehicle Carrier Services Class Actions on a national basis.