[ad_1]
Last month, a federal judge ruled that Ford was committed to paying at least $ 77.4 million to owners of vehicles equipped with faulty “Powershift” dual-clutch automatic transmissions as part of a class action lawsuit. Now, according to one of the law firms representing the lawsuit, the first settlement notices are in the mail, meaning affected Ford owners may be days away from discovering they could be online for tens of thousands of dollars.
More than two million Americans are believed to have owned one of the vehicles implicated in the lawsuit, covering the 2011-2016 Fiesta and 2012-2016 Focus hatchbacks equipped with the automatic transmission. The transmissions of these vehicles are known for their rough operation, accelerated wear, and premature failure, the service of which has cost thousands of dollars to many Americans. Some Ford dealers have reportedly refused to fix the transmissions under warranty; a denial of service that will also be worth at least a few dollars to Ford owners.
“Leave nothing on the table. Almost everyone is entitled to something through this settlement,” said Tarek Zohdy, lead attorney for Capstone Law, one of the representative firms in the lawsuit. Detroit Free Press. “All I can do is give you this opportunity to get justice essentially for you. Go file a claim. Go get the money.”
Current or former owners of an affected Fiesta or Focus may receive settlement notices despite not having previously submitted the arbitration notice necessary to claim compensation. Filing an arbitration notice must be done in accordance with the steps outlined here before October 6 for owners to obtain a cut of the settlement, which will total at least $ 77.4 million, and of which at least $ 47.4 million has already been have paid according to legal documents published by Ford Authority.
Payments cover everything from $ 20 inconvenience checks reduced to owners who were denied service when appropriate, to completing vehicle repurchases, which may even be available to owners who have since sold their cars. The only way to be sure of how much you will get (or that you will get money for your problems), of course, is to receive your arbitration notices, and the sooner the better.
Do you have a tip? Send us a note: [email protected]
