Final days for Chevrolet and GMC drivers to claim a $2,149 cash settlement from $150 million pot

ONLY three days are left for drivers to claim their piece of a massive $150 million settlement for a class action lawsuit.

Chevrolet and GMC drivers are estimated to each get cash payments of $2,149 after some cars were found with defective engines.

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Drivers of GMC trucks might be eligible for a class action settlement (stock image)[/caption]

AFP

Plaintiffs alleged that certain Chevrolet and GMC cars had defective engines (stock image)[/caption]

Claimants in North Carolina have to fill out a form by Friday to grab their money.

General Motors agreed to the $150 million settlement to resolve claims that specific Chevy and GMC models had defective engines that consumed excess oil.

The settlement will benefit car owners and those who are just leasing Chevrolet Avalanche, Silverado, Suburban, Tahoe, GMC Sierra, Yukon and Yukon XL vehicles made between 2011 and 2014.

The affected cars are equipped with LC9 engines.

Plaintiffs in the lawsuit claimed GM knew about the defect but didn’t tell customers when they got their cars.

GM didn’t admit to any wrongdoing, but agreed to a $150 million settlement.

Class members can get their payout in cash.

They’ll receive their piece of the pot based on the number of cars they own or lease.

Each claimant is estimated to receive at least $2,149, according to the settlement website.

The exact amount you get might fluctuate depending on how many class members participate in the payments.

All of the claimants must live in California, Idaho, or North Carolina.

For California drivers, the car had to have been bought or leased in brand-new condition in the state before May 23, 2022, to be eligible.

As for the Idaho class, you must have purchased or leased the car from a GM-authorized dealer in the state as of May 23, 2022.

In North Carolina, you’re eligible if you bought or leased the car in the state as of May 23, 2022.

However, class members in North Carolina have to take an extra step.

NORTH CAROLINA DEADLINE

If you are eligible for the settlement and in the North Carolina class, you were supposed to receive an identification notice in the mail or in your email.

To claim your payment, you have to complete the form by August 8.

North Carolina class members have to provide their vehicle identification number, as well as the name and address of the person who bought or leased the affected car.

If you’re not sure if you’re a member of the class, you can verify on the class action settlement’s website by entering your notice ID.

Class members in Idaho and California don’t need to fill out a claim form.

What’s a class-action settlement?

Class action lawsuits offer groups of people, or ‘classes,’ a way to band together in court.

These suits are often brought by one or a few people who allege a company or other entity has wronged a large group of people.

When a suit becomes a class action, it extends to all “class members,” or people who may have similar complaints to those who filed the suit.

Companies often settle class actions – offering payment to class members who typically waive their right to pursue further legal action by accepting money.

These payout agreements frequently include statements by the defendant denying wrongdoing. Companies tend to settle class actions to avoid the costs of further litigation.

Pollution, discrimination, or false advertising are a few examples of what can land a class action on a company’s doorstep.

If you didn’t get a North Carolina Class Member Identification notice, you don’t need to do anything.

You’ll receive a direct payment without filling out any form.

If the settlement is approved, you will get a pro rata share of the $150 million settlement.

The deadline to object or be excluded is also on August 8.

The final approval hearing for the lawsuit settlement is scheduled for October 2, 2025.