ABOUT THE SETTLEMENT

American Honda Finance Corporation (“Honda”) has agreed to settle claims that the company may not have complied with Massachusetts law when it sent notices to certain Massachusetts customers after repossessing their cars. The notices said the customers would get credit for the proceeds of the sale, rather than saying they would get credit for the car’s “fair market value.” Although Honda denies the claims and believes its notices complied with Massachusetts law, it has agreed to settle the case.

THE SETTLEMENT CLASS

The settlement class is defined in the Settlement Agreement, which you can access at the link below.

BENEFITS CLASS MEMBERS MAY RECEIVE:

The benefits which may be available to Class Members if the settlement is approved are explained in the Settlement Agreement, which you can access at the link below.

NOTE REGARDING BENEFITS AVAILABLE TO CLASS MEMBERS WHO REINSTATED THEIR LOAN OR REDEEMED THEIR CAR AFTER IT WAS REPOSSESSED:

If you are a Class Member and reinstated your loan or redeemed your car after it was repossessed, meaning that you paid to get your car back, you do not have a deficiency balance for Honda to waive, but Honda will request that your account be deleted from your credit report, including the fact that your car was repossessed.

COURT DOCUMENTS CONTACTS

Settlement Administrator – AHFC Massachusetts Settlement
P.O. Box 2718
Torrance, CA 90509
Toll Free 844-455-8054

Class Counsel

The Court has appointed the following lawyers and firms to represent the interests of all Settlement Class Members:

Elizabeth Ryan
John Roddy
Bailey & Glasser LLP
99 High Street, Suite 304
Boston, MA 02110
617-439-6730

Steven R. Striffler
Law Offices of Steven R. Striffler
21 McGrath Highway, Suite 301
Quincy, MA 02169

DATES AND DEADLINES
July 15, 2019 Deadline to object to the settlement or ask to be excluded from it
September 25, 2019, at 2:15 p.m.(EST) Final approval hearing