Kia, Hyundai settle class-action lawsuit after a rash of thefts due to security flaw
The settlement covers about 9 million 2011-2022 model year Hyundai and Kia vehicles in the
The settlement will provide cash compensation to customers who incurred theft-related losses or damage that was not covered by insurance — as well as reimbursement for insurance deductibles, increased insurance premiums and other losses, Kia and Hyundai said.
A software upgrade will also be provided to eligible owners as part of the settlement. For customers with vehicles that cannot accommodate the software upgrade, the agreement will provide a up to
The total settlement amount will depend on how many customers choose to participate.
The wave of Hyundai and Kia thefts began in 2021 and spread nationally, with a peak last summer, as a result of instructional videos posted on
Understanding health insurance costs
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE – Form 8-K
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