OPT-OUT Of Oil Consumption Lawsuit?
You only have 60 days from the date the CLASS NOTICE was mailed to OPT-OUT of this Class Action Lawsuit. When did people start receiving these Letters .... was it August 1st, or the end of July or when?? Maybe only 2-3 weeks left to OPT-OUT.
I think anybody with a 2010, 2011, or 2012 2.4L Equinox or Terrain should be OPTing OUT ... because your coverage is not changing. It's still the same three SCAs (Special Coverage Adjustment) with the same terms, and this Lawsuit is not going to change that. So there's no benefit for you. The benefit is for GM because if you *don't* OPT-OUT, you will be included INto the lawsuit, and forever lose your right to sue GM for the defective engine they sold you (if that's what you ultimately end up having to do). By OPTing-OUT, you preserve your right to sue at a later date.
The only thing that changes with this Lawsuit is - (13) people (the Original Plaintiffs) will be paid off ... so *they'll* be happy ... and a portion of the 2013 owners (those built prior to May 2013) will gain coverage under a new SCA with the same coverage the 2011 and 2012 owners currently have: 7.5 years from Original Sale Date, or 120,000 miles ... whichever expires first. For *them* there will be some benefit ... IF they can fail a Consumption Test, that is.
But you 2010, 2011, and 2012 owners ... your coverage remains the same. And for many of these people, the three existing SCAs have already expired (or are about to expire). If this Lawsuit was *extending* these coverages, it would be a different story ... but it isn't. Therefore ... all you guys need to OPT-OUT.
You only have 60 days from the date the CLASS NOTICE was mailed to OPT-OUT of this Class Action Lawsuit. When did people start receiving these Letters .... was it August 1st, or the end of July or when?? Maybe only 2-3 weeks left to OPT-OUT.
I think anybody with a 2010, 2011, or 2012 2.4L Equinox or Terrain should be OPTing OUT ... because your coverage is not changing. It's still the same three SCAs (Special Coverage Adjustment) with the same terms, and this Lawsuit is not going to change that. So there's no benefit for you. The benefit is for GM because if you *don't* OPT-OUT, you will be included INto the lawsuit, and forever lose your right to sue GM for the defective engine they sold you (if that's what you ultimately end up having to do). By OPTing-OUT, you preserve your right to sue at a later date.
The only thing that changes with this Lawsuit is - (13) people (the Original Plaintiffs) will be paid off ... so *they'll* be happy ... and a portion of the 2013 owners (those built prior to May 2013) will gain coverage under a new SCA with the same coverage the 2011 and 2012 owners currently have: 7.5 years from Original Sale Date, or 120,000 miles ... whichever expires first. For *them* there will be some benefit ... IF they can fail a Consumption Test, that is.
But you 2010, 2011, and 2012 owners ... your coverage remains the same. And for many of these people, the three existing SCAs have already expired (or are about to expire). If this Lawsuit was *extending* these coverages, it would be a different story ... but it isn't. Therefore ... all you guys need to OPT-OUT.
