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Uncle Bob’s Self Storage New Jersey Settlement

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Case Summary: 

The defendants in this class action—Sovran Self Storage, Inc., Sovran Acquisition, LP, Uncle Bob’s Management, LLC, (collectively now Life Storage, Inc.)—are putting up $8 million to settle a class action alleging that they New Jersey consumer protection and other laws. The complaint claims the Uncle Bob’s Rental Agreement, the associated Insurance Participation Form, and the Notice to Vacate all have provisions that violate the New Jersey Truth-in-Consumer-Contract Warranty and Notice Act (TCCWNA) and the New Jersey Consumer Fraud Act (CFA). According to the complaint, Sovran engaged in the unlicensed sale of insurance and did not provide a copy of the insurance certificate to the plaintiff; the insurance was “phantom coverage” that did not cover mold- or mildew-related losses; and the premiums were unconscionably high.

Docket Number: 
1:14-cv-06446-RBK-JS
Company: 
Life Storage
Class Period: 
Saturday, January 1, 2011 to Wednesday, January 31, 2018
Objection Deadline: 
Monday, May 21, 2018
Exclusion Deadline: 
Monday, May 21, 2018
Final Approval Hearing: 
Monday, June 11, 2018
Life Storage (formerly Uncle Bob's)