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Toyota Airbag Control Unit Settlement

Cash Payments and Other Benefits Are Available for Eligible Current and Former Owners and Lessees of Certain Toyota Vehicles (listed below)

Settlement: $975,000,000

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Deadline

December 2026

Class Period

Varies by Toyota model made between 2011 to 2019

Eligible Vehicles

The Settlement applies to the following Subject Vehicles that were sold or leased in the United States, the District of Columbia, Puerto Rico, and all other United States territories and/or possessions:


·    2011–2019 Toyota Corolla

·    2011–2013 Toyota Corolla Matrix

·    2012–2018 Toyota Avalon

·    2013–2018 Toyota Avalon HV;

·    2012–2019 Toyota Tacoma

·    2012–2017 Toyota Tundra

·    2012–2017 Toyota Sequoia




Class Members:

You are included in the Class if you own, lease, or previously owned or leased a Subject Vehicle (defined above) as of July 31, 2023.

Background:

The lawsuit alleges that Toyota designed and sold vehicles with a defective ZF-TRW ACU. The ACU is an electrical component that controls the functions of various safety features, including airbags. Plaintiffs allege the ZF-TRW ACUs in the Subject Vehicles (defined in Question 4 below) are vulnerable to an electrical overstress condition that can cause the vehicles’ airbags and other passenger safety systems to malfunction during a collision, which may result in airbag non-deployment or other safety failures.


Toyota denies all claims and allegations of wrongdoing and deny that they violated any law or duty that would give rise to liability. The Court has not decided who is right.

How do the Residual Distribution payments work?

It is likely that there will be Settlement funds that remain after all out-of-pocket expense payments and other settlement costs have been paid. If there are any such funds, they shall be distributed on a per capita basis to each Class Member who (a) submitted out-of-pocket claims; or (b) registered only for a residual distribution payment.


All Class Members may submit a claim for a Residual Distribution, regardless of whether their Subject Vehicle was included in the Recall. You must submit your claim for a Residual Distribution by the Claims Deadline. The Claims Deadline date has yet to be determined but will be no earlier than December 16, 2026.
Residual Distribution payments shall be up to $250 per Class Member unless the Parties agree to a higher
cap and jointly recommend the amount to the Settlement Special Administrator for approval.