Update: The Court has granted Final Approval of the Class Action Settlement for the Noticed Class. To view a copy of the court's order, please click here. The Court has granted Final Approval of the Class Action Settlement for the Supplemental Class. To view a copy of the court's order, please click here.
IN THE CIRCUIT COURT OF THE 17TH JUDICIAL DISTRICT
IN AND FOR BROWARD COUNTY, FLORIDA
ALRAMLI v YACHT CLOSER, LLC and YACHTCLOSER FINANCIAL, LLC
CASE NO. CACE-18-018912
NOTICE OF CLASS ACTION SETTLEMENT
THIS NOTICE IS TO ADVISE YOU OF THE PROPOSED SETTLEMENT OF THE ABOVE-REFERENCED LAWSUIT AND YOUR RIGHTS AND BENEFITS IN CONNECTION WITH THAT PROPOSED SETTLEMENT.
A class action Complaint was filed by Haitham Alramli (“Class Representative”) against YachtCloser alleging that YachtCloser violated Fla. Stat. §817.7001, et seq., known more commonly as the “Florida Credit Service Organization Act” (“CSOA”). In the Complaint, the Class Representative alleged that YachtCloser did not comply with the CSOA with respect to the form and content of the contracts and disclosures to consumers YachtCloser did business with, resulting in undisclosed fees being charged to Class Members (“Commission Fee”).
The Court has made no determination regarding correctness or validity of any of the claims or defenses in this lawsuit. Instead, the parties have entered into a settlement agreement in the hopes of ending the time, expense, and uncertainty of litigation.
If you received a notice, then the Settling Defendants’ records reflect that you may be a member of the Settlement Class. The purpose of this notice is to inform you of the terms of the proposed settlement and the benefits available under it, to inform you how this lawsuit and the settlement may affect your legal rights, how you may submit a claim under the settlement, and to advise you of the steps you must take if you wish to exclude yourself from the settlement.