In Re: Takata Airbag Products Liability Litigation (Economic Loss Track Cases)

On November 7, 2023, the Court issued its Final Orders and Final Judgments approving all seven of the class action settlements.  The settlements are currently in the appeal period.  Provided there are no appeals, the settlements will become effective on December 7, 2023.  Please periodically check this website, because it will be updated with additional information from time to time.

AUTHORIZED BY THE U.S. DISTRICT COURT FOR THE SOUTHERN DISTRICT OF FLORIDA

• There is a proposed settlement in a class action lawsuit against Takata Corporation ("Takata"), its affiliates, and those automotive companies to whom Takata supplied certain airbag products. The settlement resolves certain claims against BMW entities, including, but not limited to, BMW of North America, LLC and BMW Manufacturing Co., LLC (collectively, “BMW”) that were based on the inclusion of those Takata airbag products in certain BMW vehicles. Those people included in the settlement have legal rights, options and deadlines by which they must exercise them.
  

• You are included if you purchased certain BMW vehicles (which are listed in Question 3 below) and currently engage, or at the time of said purchase, were engaged, in the business of automotive salvage and/or recycling, and/or that recycled, re-furbished, and/or removed for sale and/or re-sale, second-hand Takata Inflators and/or Takata Inflator-related component parts.
• The proposed settlement provides for an Inflator Recovery Program.
  
  
  Please read this website carefully. Your legal rights are affected, whether you act or do not act. You are encouraged to periodically check the website, because it will be updated with additional information.
  
  

  YOUR RIGHTS AND CHOICES

  YOU MAY		DATE / CLAIM PERIOD
  SUBMIT A CLAIM(S)	This is the only way that you can receive cash payments for which you may be eligible from the Enhanced Inflator Recovery Program.	Class Members will have two years from the date of implementation of the Enhanced Inflator Recovery Program to submit a Claim online or via a smartphone app. The date of implementation and final Claim Deadline, when known, will be posted on this website.
  OBJECT	If you do not like the proposed Settlement, you can write to the Court and explain why; the Court will consider your objection before deciding whether to approve the Settlement.	October 4, 2023
  EXCLUDE YOURSELF	Ask to get out (opt out) of the proposed settlement. If you do this, you are not entitled to any of the settlement benefits, but you keep your right to sue Subaru about the issues in your own lawsuit.	October 4, 2023
  APPEAR IN THE LAWSUIT OR GO TO THE FAIRNESS HEARING	You are not required to enter an appearance in the lawsuit to participate in the proposed settlement, but you may enter an appearance on your own or through your own lawyer in addition to filing an objection if you do not opt out. You can also ask to speak in Court at the Fairness Hearing about the proposed settlement, if you have previously filed an objection and submitted a timely notice of intention to appear at the Fairness Hearing.	Appearance deadline is October 4, 2023. The Court will hold the Fairness Hearing at 2:30 PM (Eastern Time) on November 3, 2023.
  DO NOTHING	You may not receive settlement benefits that you may otherwise be eligible for and you give up the right to sue Subaru about the issues in the lawsuit.