Orange County Superior Court today gave final approval of a settlement resolving a class-action lawsuit against Hyundai that claimed the company overstated the horsepower of 1.3 million vehicles and inflated the value of Hyundai models.

Hagens Berman serves as co-lead counsel in the national settlement, and is also the lead counsel in a similar class actions in Washington, Arizona and Colorado. By resolving the nationwide case, these state class actions are now also resolved, and all consumers will get the settlement's benefits.

The settlement affects owners of the Santa Fe, Sonata, Tiburon and other models sold in the United States. Under terms of the agreement, owners of each vehicle will receive up to $225 in cash, or up to $325 in credit with Hyundai dealers. The cost of the settlement to Hyundai ranges from $76 million to $127 million, depending on whether owners seeking compensation take the cash or dealer credit. The settlement replaces a previous agreement under which Hyundai offered coupons on future purchases.

Attorneys from Hagens Berman and other law firms intervened in an earlier Texas consumer suit against Hyundai, filing a court action that struck down an inadequate and unfair proposed coupons-only settlement. 

If you would like further information, please call 206-623-7292.

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About Hagens Berman
Hagens Berman Sobol Shapiro LLP is a consumer-rights class-action law firm with offices in ten cities. The firm has been named to the National Law Journal’s Plaintiffs’ Hot List eight times. More about the law firm and its successes can be found at www.hbsslaw.com. Follow the firm for updates and news at @ClassActionLaw.

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