Bosch in settlement for Volkswagen, Audi and Porsche vehicles
Bosch will pay $327.5 million to resolve all claims of consumers and reseller dealers that are pending in the Clean Diesel Cases.
The lawyers representing the class will seek attorneys' fees of a maximum of 16% of the Bosch Settlement fund plus expenses, but the Court must approve any fees and expenses before they are paid.
Class members in the VW Settlements whose claims in those settlements are approved and who do not exclude themselves from this Bosch Settlement will automatically receive a cash payment, via a check in the mail.
Those who did not, and do not in the future, file a claim in either of the VW Settlements, including anyone who opted out of either or both of the VW Settlements, must file a separate claim form to receive a payment from this Bosch Settlement.
The deadline for class members who opted out of the VW Settlements to file a Bosch Settlement claim form is August 15, 2017.
Eligible Sellers who missed the Identification Deadline in the 2.0-liter Settlement, and Eligible Former Owners who do not file a claim in the 3.0-liter Settlement, have until May 1, 2017 to file a Bosch Settlement claim form.
The deadline for Eligible Owners and Lessees who did not opt out of the VW Settlements, but also do not file a claim in the VW Settlements, to file a Bosch Settlement claim form is December 31, 2019.
Vehicle owners and lessees are eligible to participate in the Bosch Settlement if they are a class member in either or both of the VW Settlements.
Those that do not want to receive compensation through the Bosch Settlement must exclude themselves (opt out of) the Bosch Settlement by April 14, 2017. ■