What is the Settlement about?
The Ontario Superior Court of Justice and the Superior Court of Québec (the “Courts”) have certified/authorized for settlement purposes class actions seeking compensation for economic loss claims by current and former owners or lessees of certain GM vehicles that were recalled in 2014 (the “Settlement”). The recalls involved the Delta ignition system, key rotation, Camaro knee-key and electric power steering. Settlement Class Representatives claim that consumers overpaid when they bought or leased these vehicles. General Motors LLC (“New GM”) and General Motors of Canada Company (formerly General Motors of Canada Limited) (“GM Canada”) deny these allegations. Settlement Class Representatives, New GM and GM Canada have agreed to the Settlement to avoid the risk and cost of further litigation.
The proposed Settlement does not apply to claims for personal injury (and related family/dependent claims), wrongful death or actual physical property damage relating to the 2014 recalls. These class claims have been discontinued from the class actions as such claims may be pursued individually (not in a class action) if permitted in your province, and any such individual claims will not be waived or released by the approval of the Settlement. As a result of the discontinuance in the class actions, the limitation periods (legal deadlines for commencing a lawsuit) are no longer suspended and began to run again. After the limitation period, your right to sue will be extinguished. Get advice from your own lawyer about legal deadlines for individual lawsuits.
What does the Settlement Provide?
Subject to court approval, the Settlement will establish a settlement fund of CA$12 million (the “Settlement Fund Amount”) to pay claims to eligible Settlement Class Members who submit a claim online or by mail before the deadline which will be posted on this Website. Payment amounts to eligible Settlement Class Members will vary depending on which recalls apply to their vehicles, the amount of administrative expenses, the number and type of eligible vehicles for which claims are filed, and the number of eligible Settlement Class Members who file claims.
The Settlement Fund Amount allocated to National Class Members will be subject to the 10% levy of the Class Proceedings Fund which has supported the prosecution of this action.
The Settlement Class Representatives, who are among the persons suing New GM and GM Canada, will file motions in the Ontario Superior Court of Justice and the Superior Court of Québec seeking orders approving the Settlement (the “Approval Orders”). Settlement Approval Hearings have been scheduled for July 30, 2024 at 10:00 a.m. (Eastern Time) before the Ontario Superior Court of Justice (virtual only) and for July 31, 2024 at 9.30 a.m. (Eastern Time) before the Superior Court of Québec (virtual or in-person). These hearings are public. When available, the Teams/Zoom links for virtual attendance at the Settlement Approval Hearings will be posted here and on the Key Dates tab. You may appear at the Settlement Approval Hearings at your own cost, either yourself or through a lawyer hired by you, but you do not have to do so