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Hyundai Class Action Settlement: What You Need to Know

Written by Vanezia Hamilton | May 26, 2024 2:42:28 AM

If you own or lease a Hyundai vehicle listed below and it lacks an engine immobilizer, you may be eligible for compensation through a class action settlement. Here are the crucial details and dates you need to know.

Key Dates

Exclusion Deadline: May 3, 2024

 

Objection Deadline: May 3, 2024

 

Settlement Fairness Hearing: July 15, 2024, at 1:30 PM PDT

 

Claim Submission Deadline: January 11, 2025

 

Your rights are impacted regardless of your actions, so it's essential to understand your options.

Affected Hyundai Models

 

Make: Hyundai

Model: Accent

Model Year: 2011 – 2022

 

Make: Hyundai

Model: Elantra

Model Year: 2011 – 2022

 

Make: Hyundai

Model: Elantra Coupe

Model Year: 2013 – 2014

 

Make: Hyundai

Model: Elantra GT

Model Year: 2013 – 2020

 

Make: Hyundai

Model: Elantra Touring

Model Year: 2011 – 2012

 

Make: Hyundai

Model: Genesis Coupe

Model Year: 2011 – 2014

 

Make: Hyundai

Model: Kona

Model Year: 2018 – 2022

 

Make: Hyundai

Model: Palisade

Model Year: 2020 – 2021

 

Make: Hyundai

Model: Santa Fe

Model Year: 2011 – 2022

 

Make: Hyundai

Model: Santa Fe Sport

Model Year: 2013 – 2018

 

Make: Hyundai

Model: Santa Fe XL

Model Year: 2019

 

Make: Hyundai

Model: Sonata

Model Year: 2011 – 2019

 

Make: Hyundai

Model: Tucson

Model Year: 2011 – 2022

 

Make: Hyundai

Model: Veloster

Model Year: 2012 – 2017, 2019 – 2021

 

Make: Hyundai

Model: Venue

Model Year: 2020 – 2021

 

Make: Hyundai

Model: Veracruz

Model Year: 2011 – 2012

To check if your vehicle is a Class Vehicle eligible for a Software Upgrade, [click here]().

 

Lawsuit Overview

 

This settlement is related to a consumer class action lawsuit in California federal court, titled In re: Kia Hyundai Vehicle Theft Marketing, Sales Practices, and Products Liability Litigation, No. 8:22-ML-3052 JVS(KESx) (C.D. Cal.). The lawsuit claims certain Hyundai vehicles from 2011-2022 lack an engine immobilizer, making them prone to theft and damage.

 

Settlement Benefits

 

Under the proposed settlement, Hyundai will offer various forms of compensation:

 

Free Software Upgrade: For eligible Class Vehicles, this upgrade prevents the car from being started without a key, countering a theft method popularized on social media. Additionally, up to $50 reimbursement for steering wheel locks purchased before the Software Upgrade's availability is offered.

 

Reimbursement for Anti-Theft Devices: If your vehicle is ineligible for the Software Upgrade, you can receive up to $300 for anti-theft devices like steering wheel locks or glass breakage alarms.

 

Common Fund Compensation: An $80 million to $145 million fund will cover approved claims for:

- Up to 60% of the vehicle's Black Book Value for total loss due to theft.

- Up to $3,375 or 33% of the vehicle's Black Book Value for theft damage.

- Up to $375 for insurance deductibles and premium increases.

- Up to $250 for other expenses, including transportation and towing.

- Reimbursement for key fobs needed for the Software Upgrade.

 

Legal Rights and Options

 

Submit a Claim Form: To get reimbursement or compensation for theft-related losses or out-of-pocket expenses from the Software Upgrade. The deadline is January 11, 2025.

 

Exclude Yourself: This option allows you to pursue other legal actions but forfeits any settlement payment. Deadline: May 3, 2024.

 

Object: Write to Class Counsel if you have objections to the settlement. Deadline: May 3, 2024.

 

Attend the Fairness Hearing: Speak in court about the settlement's fairness. Notify by May 10, 2024.

 

Do Nothing: You won't receive reimbursement or compensation but can still get the Software Upgrade if applicable.

 

Next Steps Visit The Official Settlement Website https://www.hyundaitheftsettlement.com/

 

For more details, including checking if your vehicle is eligible for the Software Upgrade or filing a claim, visit Hyundai's official website and have your VIN ready. Remember, the court must approve the settlement before any payments are made, so please be patient.