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CUYAHOGA COUNTY COURT OF COMMON PLEAS
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If Your Vehicle Was Repossessed and Sold by Avid Acceptance, LLC in the State of Ohio, You Could Receive Benefits from a Class Settlement. |
The Cuyahoga County Court of Common Pleas authorized this Settlement Class Notice.
This is not a solicitation from a lawyer.
* This class settlement (“Settlement”) resolves a lawsuit between Avid Acceptance, LLC (“Avid”) and Ms. Aria Smith, who brings claims on behalf of herself and putative members whose vehicles were repossessed and sold by Avid (the “Settlement Class”). The lawsuit concerned, in part, Avid’s repossession and sale of vehicles and the notices relating to those repossessions.
* You have been identified as a potential member of the Settlement Class.
* In the lawsuit, Avid brought claims against Ms. Smith, which Ms. Smith expressly denies. Ms. Smith, on behalf of herself and those similarly situated, brought claims against Avid, which Avid expressly denies. Without admitting to liability, both sides of the lawsuit have agreed to settle their claims.
* The Settlement avoids costs and risks to the parties, including the Settlement Class, from continuing the lawsuit; secures money for Settlement Class members who paid money to Avid after the repossession and sale of their vehicle; and also relieves Settlement Class members of the obligation to pay the balance remaining on their accounts.
| Your Legal Rights and Options in This Settlement | |
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Accept the Settlement Benefits |
You will receive the benefits under the Settlement automatically if the Court approves the Settlement. You do not have to do anything. The notice sent to you will inform you if you are a member of the Deficiency Balance Subclass or Deficiency Payment Subclass. You can only be a member of one of the subclasses. If you are a member of the Deficiency Balance Subclass or Deficiency Payment Subclass, in accepting the benefits of the Settlement, you give up any rights to sue Avid or anyone else about your contract and the legal claims that were made or could have been made in this lawsuit. |
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Object to the Settlement |
Write to the Court about why you object to the Settlement. The Court will consider such objects when deciding on whether to approve the Settlement. |
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Opt Out of the Class |
Send your Opt-Out Notice as detailed below. You will receive no Settlement benefits. This option allows you to bring your own lawsuit, at your own expense, for the same legal claims in this lawsuit, should you have any. |
* The two sides of the lawsuit disagree on how much money could have been won if the Settlement Class won at trial, or if the Settlement Class could have won at all. But the parties have mutually agreed to this Settlement as a way to avoid those risks and resolve this lawsuit.
* In addition to providing you with benefits, this Settlement affects your legal rights, as described in the notice. Read the notice carefully.
* Your rights and options are explained in this Settlement Class Notice (the “Notice”). To opt out or object, you must act before March 4, 2026.
* The Court has yet to decide whether to approve the Settlement. Payments and account balance waivers as described in this Notice will be made if the Court approves the Settlement and after any appeals are resolved. Please be patient.
* For further information, see the FAQ section of this website.