The latest blog post from Frank Azar:
(source: wikipedia.org)
According to BigClassAction.com, a settlement has been reached in the defective brake class action lawsuit against Nissan North America Inc. The terms of the settlement will require Nissan to pay each vehicle owner up to $800.
Brandon and Erin Banks originally filed the lawsuit back in April 2011. “It alleged the defective sensor posed a serious safety threat to consumers because it controls critical safety aspects of braking and was prone to failure”. The article states that the defect put drivers into very critical situations – being unable to stop suddenly, or within a safe amount of time and distance, or even worse, not at all.
Additionally, the suit claims that Nissan was aware of this defect but intentionally hid it from consumers “to [Nissan’s] significant financial gain”.
Under the proposed settlement terms, affected owners (former and current) of either 2004-2008 Nissan Titans, Armadas and Infiniti QX56 vehicles are entitled to file claims to seek reimbursement for out-of-pocket expenses incurred through the necessity of replacing faulty braking equipment.
Reimbursements will begin at $20 for plaintiffs “who had in excess of 120,000 miles at the time of repair” and will go up to $800 “for vehicles that had less than 48,000 miles at the time of repair.
According to the article, Nissan will be reaching out to class members via mail; they have obtained addresses through a combination of public records and through Nissan itself. The class members will be directed to a website as well as a toll-free number in order to receive information regarding the settlement and next steps.
To read the entire article on BigClassAcion.com, click here.
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