BROADMOOR LUMBER & PLYWOOD CO., et al. v. TOYOTA INDUSTRIES CORPORATION, et al.

District Court, N.D. California·Decided July 10, 2026·No. 3:24-cv-06640·Unknown

Opinion

1 2 3 4 7 8 BROADMOOR LUMBER & PLYWOOD Case No. 3:24-cv-06640-JSC CO., et al., 9 Plaintiffs, ORDER RE: MOTION FOR FINAL 10 APPROVAL AND FOR AWARD OF v. ATTORNEYS’ FEES, COSTS, AND TOYOTA INDUSTRIES CORPORATION, 12 et al., Re: Dkt. No. 97 Defendants. 13 14 15 Plaintiffs filed this putative class action alleging Defendants Toyota Industries 16 Corporation, Toyota Material Handling, Inc., and Toyota Material Handling, N.A. engaged in a 17 pattern of misconduct in the design, development, and testing of gasoline and diesel-powered 18 forklifts and their engines. The Court previously granted preliminary approval of the parties’ class 19 action settlement. (Dkt. No. 92.1) Plaintiffs’ motion for final approval and motion for attorneys’ 20 fees, costs, and service awards for the class representative is now pending before the Court. (Dkt. 21 No. 97.) Having reviewed the briefing and having had the benefit of oral argument on July 10, 22 2026, the Court GRANTS final approval of the settlement, and GRANTS the motion for 23 attorneys’ fees, costs, and service awards. 25 The Court assumes the parties’ familiarity with the procedural history of this action and 26 incorporates Plaintiffs’ discussion of it by reference. (Dkt. No. 84 at 9-12.) 27 2 A. The Settlement Class 3 The Agreement defines the Settlement Class as: “All persons or entities that purchased a 4 Settlement Class Vehicle, or leased a Settlement Class Vehicle, through the date of filing of the 5 Motion for Preliminary Approval.” (Dkt. No. 84-1, Settlement Agreement at ¶ 2.40.) 6 B. Payment Terms 7 Under the Settlement Agreement, Defendant will pay $299.5 million (“Settlement Cash 8 Value”). (Id. at ¶ 2.35.) From this amount, Plaintiffs will seek the following distributions: 9 1) Attorneys’ fees of up to 25 percent ($74,875,000) of the Settlement Cash Value 10 (Dkt. No. 84-1 at ¶ 31); 11 2) Litigation Expenses of up to $500,000 (Id.); 12 3) Service awards of $2,500 for each of the proposed Settlement Class 13 Representatives (for a total of $50,000) (Id.); and 14 4) Settlement administration costs of no more than $895,000 (Dkt. No. 84-3 at ¶ 44). 15 The remaining Net Settlement Amount will be divided between Settlement Class Members 16 on a per-capita basis. (Dkt. No. 84-1 at ¶ ¶ 2.34, 2.35, 4.1.) If more than one Settlement Class 17 Member submits a valid claim for the same forklift, the original owner will receive 60 percent of 18 the funds for that forklift, and the remaining 40 percent will be distributed evenly among the other 19 valid claimants. (Id. at ¶ 4.1.) 20 C. Injunctive Relief 21 In addition to the monetary settlement, the Settlement Agreement includes injunctive 22 relief. In particular, all Settlement Class Forklifts in operation will be eligible for a free Service 23 Plan visit, which includes a manufacturer-recommended inspection and, where appropriate, basic 24 services for all major systems of the Settlement Class Forklifts, as well as a free oil change or a 25 transmission fluid change, at the discretion of the Settlement Class member. (Dkt. No. 84-1 at 50, 26 Settlement Agreement, Ex. B.) The estimated value of the Service Plan is between $83,725,600 to 27 $189,306,400. (Dkt. No. 84-2 at ¶ 4.) Further, if the government requires or recommends an 1 requires Defendants to provide impacted Settlement Class Members a New Parts Warranty with 2 additional coverage for parts affected by that recall. (Dkt. No. 84-1 at ¶ 4.3.) 3 D. Scope of Release 4 Settlement Class Members who do not opt-out will release Defendants from any and all 5 claims that:

6 1) arise out of or in any way relate to the purchase, lease, use, service, repair, or maintenance of any of the Settlement Class Vehicles, and 7 also

8 2) relate in any way to a. certification testing, emissions, or related impacts on 9 output, horsepower, and performance; b. any of the alleged violations of the Clean Air Act, federal 10 regulations, or state laws or regulations cited in the Complaint in this Action; 11 c. any of the marketing representations identified in the Complaint filed in this Action, including but not limited to 12 the failure to disclose any information about certification testing, emissions, or related impacts on output, 13 horsepower, and performance; d. any acts or omissions that were raised or could have been 14 raised within the scope of the facts asserted in the Complaint filed in the Action; 15 e. or any event, matter, dispute, or thing that in whole or in part, directly or indirectly, relates to or arises out of said 16 events specified in (a), (b), (c), or (d) of this paragraph. 17 (Id. at ¶ 2.27.) The Settlement Class Representatives also expressly release all claims on behalf of 18 themselves and the Settlement Class under California Civil Code Section 1542. (Id. at ¶ 11.5.) 19 E. Notice 20 Plaintiffs selected Verita as the Settlement Administrator. Following preliminary approval, 21 Verita identified 92,187 unique Settlement Class members and provided notice to the “vast 22 majority” though direct mail and/or email. (Dkt. No. 97-2 at ¶¶ 8-16.) Verita also provided 23 targeted digital and print publication notice in trade publications and on social media platforms, 24 and on the settlement website, www.ForkliftSettlement.com. (Id. at ¶¶ 18-22.) 25 F. Opt-Outs and Objections 26 The deadline to object or opt-out of the settlement was June 1, 2026. The only class 27 member who initially indicated they intended to opt-out of the settlement has since decided to 1 17.) 3 The approval of a settlement is a multi-step process. At the preliminary approval stage, the 4 court should grant such approval only if it is justified by the parties’ showing that the court will 5 likely be able to (1) “certify the class for purposes of judgment on the proposal” and (2) “approve 6 the proposal under Rule 23(e)(2).” Fed. R. Civ P. 23(e)(B). If the court preliminarily certifies the 7 class and finds the settlement appropriate after “a preliminary fairness evaluation,” then the class 8 will be notified, and a final fairness hearing scheduled to determine if the settlement is fair, 9 adequate, and reasonable pursuant to Rule 23. Villegas v. J.P. Morgan Chase & Co., No. CV 09- 10 00261 SBA (EMC), 2012 WL 5878390, at *5 (N.D. Cal. Nov. 21, 2012). 11 At the second stage, “after notice is given to putative class members, the Court entertains 12 any of their objections to (1) the treatment of the litigation as a class action and/or (2) the terms of 13 the settlement.” Ontiveros v. Zamora, 303 F.R.D. 356, 363 (E.D. Cal. Oct. 8, 2014) (citing Diaz v. 14 Tr. Territory of Pac. Islands, 876 F.2d 1401, 1408 (9th Cir. 1989)). Following the final fairness 15 hearing, the Court must finally determine whether the parties should be allowed to settle the class 16 action pursuant to their agreed upon terms. See Nat’l Rural Telecomms. Coop. v. DIRECTV, Inc., 17 221 F.R.D. 523, 525 (C.D. Cal. 2004). 19 Final approval of a class action settlement requires, as a threshold matter, an assessment of 20 whether the class satisfies the requirements of Federal Rule of Civil Procedure 23(a) and (b). 21 Hanlon v. Chrysler Corp., 150 F.3d 1011, 1019–1022 (9th Cir. 1998). Because no facts that would 22 affect these requirements have changed since the Court preliminarily approved the class on 23 February 26, 2026, this Order incorporates by reference the Court’s prior analysis under Rules 24 23(a) and (b) as set forth in the Order granting preliminary approval. (Dkt. No. 92 at 4-7.) 26 Under Federal Rule of Civil Procedure 23(e), the Court “must direct notice in a reasonable 27 manner to all class members who would be bound by the proposal.” Fed. R. Civ. P.

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BROADMOOR LUMBER & PLYWOOD CO., et al. v. TOYOTA INDUSTRIES CORPORATION, et al., (N.D. Cal. 2026).

BROADMOOR LUMBER & PLYWOOD CO., et al. v. TOYOTA INDUSTRIES CORPORATION, et al. (BROADMOOR LUMBER & PLYWOOD CO., et al. v. TOYOTA INDUSTRIES CORPORATION, et al.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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