Illinois Families Eligible for Refunds in Cheer Competition Price-Fixing Settlement

In a major victory for consumers, Illinois has joined a proposed $82.5 million class-action settlement against Varsity Brands, a leading provider of cheer camps and competitions. The lawsuit accused the company of using monopolistic tactics to inflate prices and stifle competition, leaving Illinois families to foot the bill. Attorney General Kwame Raoul has vowed to ensure residents have access to the recovery funds they are entitled to, providing a path for refunds to those affected by the alleged unlawful practices.

Securing Justice for Illinois Cheer Families

Alleged Monopolistic Practices Uncovered

The class-action lawsuit alleged that Varsity Brands engaged in a "concerted exclusionary scheme" to maintain a stranglehold on the cheer camp market. By leveraging its dominant position, the company was able to charge higher prices and undermine competitors, depriving consumers of choice and fair pricing. These monopolistic tactics, if proven, would represent a clear violation of antitrust laws, making the proposed settlement a significant victory for Illinois families.

Eligibility and Claim Process Outlined

Under the terms of the settlement, Illinois residents who paid to participate in Varsity Brands' competitions or camps between December 2016 and March 2024 may be eligible for reimbursement. Affected consumers are encouraged to provide their contact information on a dedicated website to be notified of the claim filing process when it becomes available. While claimants will be able to seek a full refund of their payments, the final amount received may be subject to the total number of eligible claims submitted.

Opting Out and Voicing Objections

Illinois families who wish to object to the proposed settlement or be excluded from it entirely must do so by September 26th, according to Attorney General Raoul's office. This deadline provides an opportunity for those who feel the settlement does not adequately address their concerns to make their voices heard before the court.

Ensuring Accountability and Restoring Fairness

The Illinois Attorney General's involvement in this case underscores the state's commitment to protecting consumers and holding companies accountable for anticompetitive practices. By securing a substantial settlement, the state aims to provide restitution to affected families and send a clear message that such behavior will not be tolerated. As the case moves forward, Illinois residents can take an active role in the process, ensuring that justice is served and that the cheer industry operates in a fair and competitive manner.