Why didn I receive a dollar-for-dollar cash reimbursement for my out of pocket costs in repairing and/or replacing my Maytag® Neptune® Front-Load Washing Machine?
As stated in the Notice, Maytag will reimburse reasonable out-of-pocket costs related to repairs which are the subject of the lawsuit. However, the cash payments to Class Members for Repair Reimbursements were limited to a maximum of $2,000,000.00. The dollar amount of all eligible claims exceeded $2,000,000.00 and as a result, the cash distribution was made on a pro rata basis with the difference being made up by the issuance of Appliance Purchase Certificates. For Replacement Reimbursements, the Notice states that Maytag will pay each Class Member up to five-hundred-dollars, subject to depreciation, if the Class Member already bought a new washer to replace their Maytag® Neptune® Washing Machine prior to August 9, 2004. The amount of the reimbursement to qualified Class Members ranged from $100.00 to $500.00, depending upon the number of years of ownership by the Class Members. These awards were also limited to the same maximum of $2,000,000 in cash (which was distributed on a pro ra
Related Questions
- Why didn I receive a dollar-for-dollar cash reimbursement for my out of pocket costs in repairing and/or replacing my Maytag® Neptune® Front-Load Washing Machine?
- Why didn I receive reimbursement for costs incurred in purchasing an extended warranty agreement for my Maytag® Neptune® Washing Machine?
- Are the cash payments for Repair Reimbursement and Replacement Costs subject to any conditions?
