Kia, Hyundai owners could get cut of $145 million settlement
CHICAGO -- Owners of Kias and Hyundais may finally get some help against theft – thanks to a $145 million settlement in a significant lawsuit.The plaintiffs in the lawsuit claim Kia and Hyundai failed to put theft-deterrent devices in some models, making it easier to steal them.Charles Malnarick's Kia is one of the nearly 9 million eligible for the settlement.
Malnarick is among the 9 million owners who could get a reimbursement check ranging from $250 up to $3,375, depending on the claim.Owners could get $3,375 for partial reimbursement for total losses, $375 for an insurance-related reimbursement, or $250 for other expenses.'It cost the insurance company $7,500 to fix my car after it was stolen,' Malnarick said.Based on how much he'll get out of the settlement, Malnarick said, 'We'll have to wait and see.
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