USA court has provided their final judgment against Toyota Inc. So, they need to pay a Toyota $78.5 M Settlement Amount among the successful claimants. However, filing an appeal on December 28, 2023, delayed the release of this $78.5 Million Settlement Amount Toyota among the claimants. This settlement is approved against the Class Action Lawsuit that raised the allegation that Toyota has sold some automobile models in the market with defective Airbag Control Units. Therefore, several people have filed a Class Action Suit against the company.
$78.5M Toyota Airbag Control Unit Class Action Settlement
According to the Class lawsuit, Toyota car’s Airbags of some models are defective and dangerous. Therefore, it can cause high risk to the life of car owners. People may face a high risk of death when Airbags are expected to open and work for which they are designed. So, a serious problem was found which made the case more prone to life-threatening accidents. Therefore, Toyota has agreed to pay a $78.5 Million Airbag Class Settlement Amount to eligible people.
People are looking to collect the information for the update regarding the settlement amount. Valid Claimants are desperately looking for the compensation they need to receive this benefit amount. So, people who are eligible to receive the $78.5 M Toyota Airbag Compensation Benefits can gain different benefits as compensation. So, people need to focus on all the latest updates regarding this Class Action settlement amount.
$78.5 M Toyota Class Action Lawsuit- Overview
| Article On | $78.5M Toyota Airbag Control Unit Class Action |
| Country | USA |
| Department | Toyota |
| Beneficiary | Certain car owners |
| Settlement Amount | $78.5 Million |
| Official Website | www.airbagcontrolunitsettlement.com |
$78.5 Million Toyota Airbag Class Settlement Eligibility
Certain car owners are only eligible to receive this $78.5 Million Airbag Compensation Payment. Therefore, some criteria are set by the company to include only valid claimants who deserve a portion of the settlement amount.
- You should have made purchase car in the USA.
- You should have a certain vehicle model to receive this Toyota Airbag Class Settlement Amount.
- You have either leased or sold across the USA including Puerto Rico, the District of Columbia, and other U.S. territories.
People need to consider some specific model for which people will receive this payment. These models are listed below.
| Car Model | Model Year |
| Toyota Corolla | 2011-2019 |
| Toyota Avalon HV | 2013-2018 |
| Toyota Corolla Matrix | 2011-2013 |
| Toyota Sequoia | 2012-2017 |
| Toyota Avalon | 2012-2018 |
| Toyota Tundra | 2012-2017 |
| Toyota Tacoma | 2012-2019 |
What is the Toyota Airbag Class Action Lawsuit?
You may have heard about the Toyota Airbag failure case in the past or the $78.5 M Toyota Airbag Settlement Payment. So, you will get this information in detail. A Class Action lawsuit was filed with the allegation of not working on airbags in certain models of Toyota. Certain models of Toyota vehicles were designed and sold with defective and dangerous airbags. It should be built to open during a crash or accident. However, these airbags were not found to work properly which increases the risk of life to car owners in case of accidents. Therefore, the company got sued with a Class Action Lawsuit $78.5 M Settlement Amount.
Every eligible person who made a purchase, sold, or leased a certain model of Toyota, will receive compensation. Eligible people will receive the Toyota Airbag Control Unit Settlement Amount in the bank account. The court’s final approval is maid and amountshould be released among valid claimants. Moreover, people will receive additional benefits as compensation depending on the different situations.
How much can I pay from the $78.5 Million Settlement Amount?
After final approval to release the $78.5 Million Settlement Amount, Toyota people are looking for payment. Moreover, people are looking for their portion amount as compensation. So, people need to know that the court has approved the final approval on 28 November 2023. However, due to an appeal from file on 28 December, 2023 was a delay in the release of the $78.5 M Toyota Compensation Payment. However, the total amount will depend on the eligibility and other benefits car owners will receive according to different situations or conditions. Moreover, the total number of valid claimants is another factor that can affect the average Toyota Airbag Settlement Amount.
After the resolution of this filed appeal will allow people to receive the portion of this settlement benefits. Additionally, people will also receive other benefits amount as the compensation. You can receive reimbursement for the out-of-pocket expenses related with car models recalls. You will also receive potential residual amounts up to $250. Moreover, the rest amount of the $78.5 M Toyota Airbag Compensation Payment will be distributed among all the class members. People will also receive an extended warranty for new parts after the recall.
$78.5 M Toyota Settlement Payment Dates
People are highly excited to know about the Toyota Airbag’s $78.5 Million Settlement Amount in their bank account. Therefore, they are looking for updated information. So, need to know that this settlement amount has been finally approved by the court. However, due to the filing of a new appeal on 28 December 2024, the release of this settlement is due. For now, people need to wait to resolve this because the final payment can be done only when no appeal is left. This means people need to wait for more time to receive these benefits in their bank account. After the final judgment on an appeal made on December 28, 2023, Toyota Airbag’s $78.5 M Settlement Credit will be provided to valid claimants.
Deadline to raise a valid claim to receive Toyota Airbag Class Settlement Amount
After the final approval from the court, people are still looking for the claim and deadline. So, people don’t need to worry. They are still able to raise a valid claim according to meeting the eligibility criteria. People are still raising their claims till 16 December 2026. If you are also looking to receive a $78.5 M Toyota Airbag Compensation Payment, then you should make a valid claim. So, people should raise a valid claim before the deadline. It can help them to receive a portion of settlement benefits.
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Ember Orion is a journalism student who loves to write about social security and government schemes. Ember’s dream is to become a top-level anchor in the USA.