Overview of the Mitsubishi Class Action Settlement
A proposed class action settlement has been announced related to the Yukai Manufacturing Company, concerning various Mitsubishi vehicles. This settlement aims to address claims regarding defective ZF-TRW airbag control units.
What Vehicles are Included in the Settlement?
Class Members encompass individuals who, as of a specific date, own or have owned Mitsubishi vehicles that fall under the Mitsubishi Class Vehicles category. The vehicles included in the settlement are:
- 2013-2017 Mitsubishi Lancer
- 2013-2015 Mitsubishi Lancer Evolution
- 2013-2015 Mitsubishi Lancer Ralliart
- 2013-2016 Mitsubishi Lancer Sportback
- 2013 Mitsubishi Outlander
Settlement Details and Compensation
The settlement allocates a substantial amount of $8.5 million to resolve the claims surrounding the defective airbag control units, which could potentially lead to safety failure during a collision. Although Mitsubishi denies these claims, they have chosen to settle to avoid lengthy litigation.
Eligible individuals may receive compensation of up to $250 for each affected Mitsubishi vehicle. Additional funds may be available based on the number of claims submitted. In instances where multiple claims are logged for the same vehicle, the compensation will be divided with 60% going to the primary owner.
How to File a Claim
To qualify for the cash payment, Class Members need to file a claim. The process is straightforward and can be completed online in a few minutes. For those who prefer a paper format, a downloadable claim form is available on the settlement website.
Deadline for Claim Submission
It is essential to submit the claims no later than the specified postmark date. Keeping abreast of any changes is advisable, hence checking back on the settlement website regularly is recommended.
Understanding Your Options
Class Members can choose to object to or exclude themselves from the settlement. If someone excludes themselves, they will not receive any benefits associated with the settlement but will retain the right to pursue individual claims. A deadline by which to make this decision is also noted.
Next Steps and Court Hearing
A judicial hearing will occur to discuss the final approval of the settlement, the potential distribution of compensation funds, and legal fees for the attorneys involved. Attendance at this hearing is not mandatory but is permitted if individuals wish to voice their opinions.
Where to Find More Information
For further inquiries about the settlement, individuals are encouraged to visit the official settlement website where comprehensive details can be accessed. This includes information on how to file a claim, objections, and other pertinent facts about the class action.
Frequently Asked Questions
What is the Mitsubishi class action settlement about?
The settlement addresses claims regarding defective ZF-TRW airbag control units in specific Mitsubishi vehicles.
How much compensation can I receive?
Eligible owners may receive cash payments of up to $250 per affected vehicle.
How do I file a claim?
Filing a claim can be done online via the settlement website or through a paper form that can be downloaded.
What is the deadline to submit a claim?
Claims must be submitted or postmarked by the specified deadline mentioned on the settlement website.
Can I object to the settlement?
Yes, Class Members have the option to object or exclude themselves from the settlement before the stated deadline for their comments to be considered by the court.
