$140M NYC TLC Taxi License Suspension Class Action Settlement
New York City taxi medallion owners and licensees have reached a $140 million class action settlement over TLC license suspensions that devastated the yellow cab industry. Once court approval is finalized and the claims portal opens, affected medallion owners may be entitled to significant cash compensation.
Who Will Qualify?
Based on court filings, eligibility is expected to include:
- NYC taxi medallion owners or licensees whose TLC licenses were suspended during the class period
- You held a valid taxi medallion or license affected by TLC suspension policies
- Expected claim portal: TLCSuspensionClaims.com (awaiting court approval)
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Official settlement website: https://www.tlcsuspensionclaims.com — expected to go live around court approval of the claims process.
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We will email you the moment filing begins at the official settlement website.
What Happened?
New York City taxi medallion owners filed a class action against the Taxi and Limousine Commission over license suspension policies that left thousands of medallion holders unable to operate their taxis and earn income. The yellow cab industry faced existential pressure from ride-sharing apps, and TLC enforcement actions compounded the financial crisis for medallion owners who had invested life savings in their licenses.
The parties reached a $140 million settlement to compensate affected medallion owners, but the claims process requires court approval before the official portal at TLCSuspensionClaims.com can begin accepting filings.
Last reviewed: June 22, 2026 | SuitAlert will update this page when the claims portal opens.