If You Currently or Previously Owned or Leased a 2010-2015 Prius or 2012-2017 Prius V, You Could Get Benefits from the Proposed Settlement of A Class Action Lawsuit Concerning Allegedly Defective IPMs/Inverters Installed In these vehicles.
|YOU MAY:||DATE/CLAIM PERIOD|
|FILE A REGISTRATION AND |
REIMBURSEMENT CLAIM FORM
TO SEEK REIMBURSEMENT OF
CERTAIN OUT -OF-POCKET
|You may submit a Registration and Reimbursement Claim Form for the following Out-Of-Pocket costs on a Subject Vehicle that were incurred prior to the Final Effective Date and that were not otherwise reimbursed by Toyota: (a) the cost to repair or replace an IPM or Inverter, (b) rental car expenses incurred in connection with the repair or replacement of an IPM or Inverter and/or (c) towing expenses incurred in connection with the repair or replacement of an IPM or Inverter. Filing a claim is the only way that you can get reimbursed for these Out-Of-Pocket Costs.||If the Settlement is approved at the January 13, 2023* hearing, the deadline to submit the Registration and Reimbursement Claim Form is currently anticipated to be May 12, 2023*.|
|FILE A REGISTRATION AND |
REIMBURSEMENT CLAIM FORM
FOR POTENTIAL PAYMENT OF
A REDISTRIBUTION CHECK
|If you are a Class Member who had the Inverter and/or IPM in your Subject Vehicle replaced (at your own expense or under warranty) prior to the Final Effective Date, you may be eligible for a Redistribution Check for up to $250, which will be available only if sufficient funds remain in the Settlement Fund once all valid Out-of-Pocket Claims have been paid out of that Settlement Fund, unless it is administratively unfeasible. |
If Toyota possesses information sufficient to determine that your Subject Vehicle has had its IPM or Inverter replaced and how to contact you, you will be notified by First-Class mail that a Redistribution Check will be sent to you without the need for you to file a Registration and Reimbursement claim form (but, again, only if money remains in the Settlement Fund after all claims for reimbursement of Out-of-Pocket expenses have been paid, unless it is administratively unfeasible).
Unless you have received notice that you are automatically registered for this benefit, you must submit a timely Registration and Reimbursement Claim Form to be eligible for Redistribution Funds (if available and administratively feasible).
|If the Settlement is approved at the January 13, 2023* hearing, the deadline to submit the Registration and Reimbursement Claim Form is currently anticipated to be May 12, 2023*.|
|OBTAIN OTHER SETTLEMENT |
|Upon the Final Effective Date, Toyota will implement the Customer Confidence Program. If you have not opted out of the Settlement, your Subject Vehicle will be covered by the Customer Confidence Program, which enhances existing warranties by providing certain cost-free repairs or replacements of the IPM and/or Inverter for twenty (20) years from the date of First Use of the Subject Vehicle pursuant to certain terms, and also includes a Loaner/Towing Program, whereby, under certain conditions and without cost to Class Members Toyota shall provide (i) a complimentary Loaner Vehicle as set forth in the Settlement Agreement and/or (ii) either towing or reimbursement for towing expenses to the Toyota Dealer as set forth in the Settlement Agreement, in order for the Subject Vehicle to undergo an Inverter and/or IPM repair and/or replacement pursuant to certain terms. ||Shall begin on Final Effective Date. If the Settlement is approved at the January 13, 2023* hearing, the Final Effective Date is currently anticipated to be February 12, 2023*.|
|OBJECT||Write to the Settlement Notice Administrator about why you do not like the proposed Settlement. Section F of the Notice contains important information about what you must do if you would like to object to this Settlement. ||October 26, 2022*|
|OPT-OUT||Ask to get out (opt out) of the Class and the proposed Settlement. If you do this, you are not entitled to any of the Settlement benefits, but you keep your right to sue Toyota about the issues in your own lawsuit, with your own lawyers. If you opt-out you cannot object to the Settlement. Section D of the Notice contains important information about what you must do if you choose to opt-out from this Settlement. ||October 26, 2022*|
|APPEAR IN THE |
LAWSUIT OR GO TO
THE FAIRNESS HEARING
|You are not required to enter an appearance in the lawsuit in order to participate in the proposed Settlement, but, if you want to, you may enter an appearance on your own or through your own lawyer in addition to filing an objection. You can also ask to speak in court at the Fairness Hearing about the proposed Settlement if you have previously filed an objection and submitted a timely notice of intention to appear at the Fairness Hearing. Section G of this Notice contains important information about what you must do if you would like to exercise this option. ||Appearance deadline - October 26, 2022* |
Fairness Hearing – January 13, 2023* at 10:30 a.m. Pacific