Where can I find information regarding the Lifetime Reimbursement Program?
Information regarding the Lifetime Reimbursement Program can be found at https://hyundaimpginfo.com/
What are these lawsuits (In re Hyundai and Kia Fuel Economy Litigation) about?
On November 2, 2012, Hyundai Motor America (“Hyundai”) issued a statement informing the public that it was voluntarily decreasing the fuel economy ratings of each Class Vehicle. HMA simultaneously announced that it was instituting a lifetime reimbursement program (hereinafter “Lifetime Reimbursement Program”) to compensate affected vehicle owners and lessees for the additional fuel costs associated with the lowered fuel economy ratings.
The lawsuits claim that, prior to November 2, 2012, the fuel economy ratings for the Class Vehicles were misrepresented. Plaintiffs claim that, because of the alleged misrepresentation, they and others purchased vehicles they otherwise would not have purchased or paid more for the vehicles than they otherwise would have paid. Plaintiffs also claim that the Lifetime Reimbursement Program is inadequate. HMA denies Plaintiffs’ allegations.
Why are these lawsuits class actions?
In a class action, people called “Class Representatives” sue on behalf of other people who have similar claims. All of these people together are the “Class” or “Class Members.” The Court has determined that the Class Representatives may pursue legal claims and enter into the Settlement on behalf of the entire Class, except those that choose to exclude themselves from the Settlement (this is described more fully below).
Do I have a lawyer in the case?
The Class Representatives have asked the Court to appoint their lawyers (the law firms of Hagens Berman Sobol Shapiro LLP and McCuneWright, LLP) as Class Counsel to represent you and the Class. Together, the lawyers are called Class Counsel. The Court has granted that request. You will not be charged for any fees or costs of these lawyers. If you want to be represented by your own lawyer, you may hire one at your own expense.
How will the lawyers be paid?
Class Counsel will ask the Court for attorneys’ fees and expenses of no more than $12 million. The Court may award less than this amount. Court-Appointed Liaison Counsel and Plaintiffs’ counsel representing other persons who filed lawsuits against the Defendants are also expected to ask the Court for attorneys’ fees and expenses. It will be up to the Court to decide whether the Defendants will be ordered to pay any of those fees or expenses. You can obtain updated information about attorneys’ fees and costs requests by visiting this website and clicking here. The Defendants will separately pay any and all of the attorneys’ fees and expenses that the Court awards. The Defendants will also separately pay the costs to administer the Settlement. The payment of settlement administration costs and attorneys’ fees and expenses will not diminish (or be taken from) the settlement funds available to class members.
What is the status of the class action?
Status Updates are available at https://www.hyundaimpgclasssettlement.com/status_updates.
Why is there a Settlement?
The Class Representatives and the Defendants agreed to a Settlement to avoid the cost and risk of further litigation, including a potential trial, and so that the Class Members can get payments and other benefits, in exchange for releasing HMA from liability. The Settlement does not mean that HMA broke any laws and/or did anything wrong, and the Court did not decide which side was right. The Class Representatives and the Defendants entered into a Settlement Agreement (and a later Amended Settlement Agreement), which have been preliminarily approved by the Court, which authorized the issuance of this notice. The Class Representatives and the lawyers representing them (called “Class Counsel”) believe that the Settlement is in the best interests of all Class Members.
This notice summarizes the terms of the Settlement. The Amended Settlement Agreement along with all exhibits and addenda sets forth in greater detail the rights and obligations of the parties and are available at https:// www.HyundaiMPGClassSettlement.com. If there is any conflict between this notice and the Amended Settlement Agreement, the Amended Settlement Agreement governs.
How do I get more information?
If this website does not contain the information you are looking for, you can also call toll-free at 877-277-0012. You may also contact Class Counsel at the following address: Robert B. Carey; Hagens Berman Sobol Shapiro LLP; 11 West Jefferson Street, Suite 1000; Phoenix, AZ 85003. Other than a request to review the Court’s files at the Clerk of the Court’s Office, please do not contact the Clerk of the Court or the Judge with questions.