I received a check similar to the scanned copy on the first page of this link 3 months ago.
http://www.johnfixesstuff.com/2014/11/toyota-economic-loss-settlement-toyotaelsettlement.html
I have not cashed it. Is it a scam? If it’s not a scam, should I still cash it though?
I hope CC attorney parents can clarify this.
I would love to know also. They have sent me a second check, since I ignored the first one, and then this week they sent me a reminder that I haven’t cashed the second check. For the sake of $30, it didn’t seem worth the risk of whatever I might be getting myself into.
Ask the bank. There was a way to cash without recourse back to you. At least what I was taught years ago.
We have a 2000 Toyota Sienna and have not received anything, tho we are the original owners. Maybe our car is so old it was not affected by these issues? Never received any info of a recall.
How much are these checks for?
$29.23 on the check. Same amount on the link.
My concern is the condition on cashing the check. Will I lose anything later with Toyota if I accept the check?
I called Toyota today and it seems the check is a real settlement. Toyota automated phone tells me to talk to the lawyer office on the check.
@HImom–I own a 2000 and a 2013 LC but don’t know which one is covered by this. I think I will continue to ignore, but interesting to read the comments here.
My Sienna isn’t covered because it was too early a model year–it was 2004 and up. The sums are quite paltry; sadly it does always seem the law firms get the lions share, and I’m an attorney.
The firms that handle the class actions are products liability folks, not criminal attorneys. This happens often in lots of class actions for stocks, financial stuff and lots of products.
I have a vague memory of getting one of those for our 2005 car. If I got it, I am sure I cashed it. Don’t recall that cashing it waived any rights of any kind.
No Toyota in our garage, but here’s the website about this class action lawsuit:
https://www.toyotaelsettlement.com/Home/FAQ
Nos. 10 and 21 probably answer your question.
Generally, if you did not opt out of the class action suit when that option was open, you are bound by the settlement.
If you have questions, call the lawyers listed in the settlement documents. They have been appointed by the court to represent you and have been paid millions of dollars to do so.
Cashing the check or not cashing the check has no effect on your legal rights. Any potential claims you had that are within the scope of the lawsuit have been resolved by the settlement. If you did not opt out within the time frame set by the court, you are bound by the settlement regardless whether you cash the check or not. The check represents your share of the settlement proceeds, but it is obviously up to you whether to cash it or not.
If you want legal advice, you should call the lawyers who have already been paid very handsomely to represent you.
That’s been my understanding also. I would cash the check.
Oh, by the way, if anyone feels like it would be too big of an imposition on the class counsel to call them to ask questions about the settlement, consider this: class counsel has been paid $200 million in legal fees to represent you! You might as well call them!
From the official settlement website:
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