Gibbs Mura’s false advertising lawyers filed a class action lawsuit on behalf of U.S. Hyundai and Kia owners and lessees, contending that Hyundai continued to advertise false horsepower ratings in the United States even after the Korean Ministry’s findings. The class action complaint alleged that Hyundai and Kia were able to sell more vehicles and charge more per vehicle because of the deceptive advertising.
Gibbs Mura negotiated a class action settlement which provided Hyundai and Kia owners nationwide with cash payments and dealer credits. The value of the settlement was estimated between $75 million and $125 million. Under the court approved settlement, Hyundai provided up to $225 in cash and up to $325 in dealer credits to owners of the affected vehicles.
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