Did you receive a mail about a class action settlement concerning Toyota air bag control units $78.5M class action settlement? This review will help you partake in the class action settlement after confirming the authenticity of the mail.
What Is Toyota air bag control units $78.5M class action settlement?
Toyota agreed to pay a $78.5 million settlement to resolve claims its vehicles were equipped with defective air bag control units that could malfunction during a crash.
The case is In re: ZF-TRW Air Bag Control Units Product Liability Litigation, Case No. 2:19-ml-02905-JAK-MRW, in the U.S. District Court for the Central District of California.
What Is This Class Action All About?
According to the class action lawsuit, Toyota equipped some of its vehicles with defective air bag control units. These components allegedly malfunction during collisions, preventing the air bags from deploying.
Toyota is a global vehicle brand based in Japan.
Toyota hasn’t admitted any wrongdoing but agreed to a $78.5 million settlement to resolve the air bag defect class action lawsuit.
Under the terms of the settlement, class members can receive reimbursement for out-of-pocket expenses related to their vehicle if their vehicle has been recalled due to the air bags. If class members own or lease a vehicle that was not covered by an air bag recall, they may be able to receive up to $250 in a residual distribution payment. These payments will vary depending on the funds leftover after reimbursements are paid to recall customers.
The settlement also provides a robust inspection program, an extended new parts warranty and an outreach program for recalled vehicles. The settlement website is AirBagControlUnitSettlement.com.
Who Is Eligible?
The settlement benefits current and former owners and lessees of 2011-2019 Toyota Corolla, 2011-2013 Toyota Corolla Matrix, 2012-2018 Toyota Avalon, 2013-2018 Toyota Avalon HV, 2012-2019 Toyota Tacoma, 2012-2017 Toyota Tundra and 2012-2017 Toyota Sequoia vehicles. Drivers can look up their vehicle VIN on the settlement website to check their eligibility.
How To Be Part of This Settlement
To partake in this settlement, class member must submit a valid and timely claim on the settlement website. Although the official claim deadline has not been determined, claims will be due to the settlement administrator no earlier than Dec. 16, 2026.
The deadline for exclusion and objection is Oct. 20, 2023.
What Is The Pay For This Settlement?
The pay for this settlement varies and the proof of purchase is the documentation of out-of-pocket expenses.
The final approval hearing for the settlement is scheduled for Nov. 16, 2023.
Conclusion
As you submit your claim to the settlement website, just like FTC challenges Microsoft-Activision merger class action settlement we have reviewed, you’re doing so under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim.
