We previously wrote about issues we were seeing with Continuously Variable Transmissions (CVTs) in Nissan vehicles, including Nissan Altima, and developing class actions. (Read more here.)
To update on Nissan Altima specifically, as we had predicted, a class action settlement has been approved by a federal district court in the matter of Christopher Gann, et al. v. Nissan North America, Inc., Case No. 3:18-cv-00966.
Most people do not realize that if you are a class member in a settlement like this and you take no action, you may be unintentionally losing the ability to bring valuable claims.
In this case, if you do not opt out of the class settlement you may lose the ability to get all your money back in exchange for the right to claim a warranty extension, reimbursement for repairs, and a $1,000.00 coupon toward a new Nissan purchase.
Even worse, if you do nothing, you may lose your individual rights and also miss the deadline to make a claim under the settlement. Remember, you must take specific steps in order to opt out of the settlement. If you do not, you are automatically considered a party to the settlement–even if you get nothing for it.
DEADLINE TO OPT OUT: FEBRUARY 7, 2020
DEADLINE TO MAKE A CLAIM: JANUARY 30, 2020
We always recommend that you take care to understand a class action that may affect your rights. Even if you decide to remain in the settlement and make a claim, it pays to make an informed decision.
If you would like help with the analysis of your potential claims, please contact us for a fast, free and confidential evaluation.