The plaintiffs brought motions for approval of a settlement, class counsel fees, and representative plaintiff honoraria in two class actions concerning defective Takata airbags installed in Mazda, Subaru, and Toyota vehicles.
The settlement provides for an outreach program, out-of-pocket expenses reimbursement, and a customer support program.
The court found the settlement to be fair, reasonable, and in the best interests of the class.
The court also approved class counsel fees of up to $5,850,000 and an honorarium of up to $19,167 to be split among the representative plaintiffs.
