SETTLEMENT AGREEMENT AND RELEASESettlement Agreement • April 12th, 2024
Contract Type FiledApril 12th, 2024This Class Action Settlement Agreement and Release (the “Settlement Agreement” or “Agreement”) is entered into between Plaintiffs Jeffrey Barr, Arnold Milstein, Allan Zaback, and Brittany Funk (collectively, “Plaintiffs” or “Representative Plaintiffs”), individually and as representatives of the Class (as defined below), and Subaru of America, Inc. (“SOA”) and Subaru Corporation (“SBR”) (collectively “Defendants” or “Subaru”). Collectively, these Plaintiffs and the Defendants are referred to as the “Parties.” The Agreement is intended to fully, finally, and forever resolve, discharge, and settle the lawsuit captioned Powell, et al. v. Subaru of America, Inc., et al., No. 1:19-CV-19114-MJS, pending in the United States District Court for the District of New Jersey (the “Action”), and all matters raised or that could have been raised by these Plaintiffs in the Action, subject to the terms and conditions hereof and approval by the Court (the “Settlement”).