IF YOU ENTERED INTO A RENTAL-PURCHASE AGREEMENT WITH SNAP RTO LLC THAT INCLUDED PROVISIONS PROVIDING FOR PAYMENT OF
A PROCESSING FEE AND/OR NONSUFFICIENT FUNDS FEE, YOU MAY BE ENTITLED TO COMPENSATION.
What is the Litigation About?
The Lawsuit alleges that defendant Snap RTO LLC (“Defendant”) entered into rental-purchase agreements with certain California consumers
that included provisions providing for payment of a Processing Fee and/or Nonsufficient Funds Fee (“NSF Fee”) that did not comply with
California law. The Lawsuit alleges that Defendant violated the Karnette Rental-Purchase Act (Cal. Civ. Code § 1812.620 et seq.), and
certain other provisions of California consumer protection laws.
Am I a Class Member?
All individuals who, between November 12, 2016, and March 10, 2021, entered into a rental-purchase agreement with Snap RTO LLC.
in the State of California that included provisions providing for payment of a Processing Fee and/or a Nonsufficient Funds Fee (“NSF Fee”).
Excluded from the Class are persons who have entered into an agreement with Snap that effects a release of claims that would otherwise be
within the scope of this action. Also excluded from the Class are all employees of Defendants, all employees of Plaintiff’s counsel, and
the judicial officers to whom this case is assigned.
What Does the Settlement Provide?
In full and complete settlement of the claims of the Class Members who do not exclude themselves, Defendant will pay the principal
amount of $5,257,376.50. The Settlement Amount, plus any interest thereon, will be used to pay Class Counsel’s attorneys’ fees and
litigation expenses (as approved by the Court), any service payments that the Court may award to the Class Representatives, the expenses
of settlement administration (including class notice), and the settlement payments or credits to or for the benefit of Class Members who
qualify for inclusion in the Payment Group or the Credit Group. If any funds are remaining by reason of uncashed settlement checks or
otherwise, the remaining amount will be paid to one or more cy pres recipients approved by the Court, or as otherwise directed by the
Court. In addition to the monetary consideration of the Settlement Amount, the Settlement also includes injunctive relief and the write-off benefits.
YOUR LEGAL RIGHTS AND OPTIONS IN THIS LAWSUIT
Submit A Claim Form by May 2, 2022
To potentially qualify for a monetary payment or credit from the Settlement Amount, Class Members must file a Claim that
is validated as qualifying for inclusion in the Payment Group or the Credit Group.
Exclude Yourself From the Class by May 2, 2022
Any Class Member who wishes to be excluded from the Settlement must complete and return a request for exclusion
via U.S. Mail, email, or personal delivery, and that request for exclusion must be validated by the Settlement Administrator.
Object by May 2, 2022
Any Class Member who wishes to object to the Settlement may do so orally or in writing. Any written objection must
be filed with the Court and served on Class Counsel, Defendant’s counsel, and the Settlement Administrator.
Go to a Hearing
Speak in Court about the settlement. (If you object to any aspect of the settlement, you must submit a written
objection by the Objection Deadline.)
Do Nothing
If you do nothing, you will not receive a monetary payment or credit from the Settlement Amount, but you will be entitled
to receive write-off benefits if you qualify for inclusion in the Write-Off Group and you will be bound by the release in the
Settlement Agreement.