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IPM Settlement Check??

Discussion in 'Gen 3 Prius Main Forum' started by DogDaze, Oct 4, 2024 at 2:57 PM.

  1. DogDaze

    DogDaze Member

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    Hello All,

    Just curious, we just received an IPM Settlement Check in the mail for my wife's 2011 Liftback.
    Is this legit?

    Sorry if this has already been asked in a previous post..
    TIA
     
    #1 DogDaze, Oct 4, 2024 at 2:57 PM
  2. bisco

    bisco cookie crumbler

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    first i've heard of it. is that the result of a class action?
     
    #2 bisco, Oct 4, 2024 at 8:58 PM
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  3. ASRDogman

    ASRDogman Senior Member

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    Take it to your bank. Ask them....
    They should know, and/or could call and find out before depositing it.
    And then when it doesn't clear, charge YOU!

     
    #3 ASRDogman, Oct 4, 2024 at 9:21 PM
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  4. Brian1954

    Brian1954 Senior Member

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    Did you have a problem with the inverter and paid to have it fixed and then submitted a claim for reimbursement for the cost to have it fixed? If so, the check is legit.

    Who is the check from?
     
    #4 Brian1954, Oct 4, 2024 at 11:02 PM
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  5. AzusaPrius

    AzusaPrius Senior Member

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    Besides getting a check for a repaired inverter, there is an IPM check being sent out.

    I searched a little and quickly found that people are getting a $350 check.


    Looks like you would have had to filled out something a while back.

    Not sure if owners who had the two updates, E0E and J0V would be automatically included.

    This is besides anyone getting a check for a repair made to the inverter.

    20 million was to be disbursed.
     
    #5 AzusaPrius, Oct 4, 2024 at 11:15 PM
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  6. DogDaze

    DogDaze Member

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    Yes, it says a class action
     
    #6 DogDaze, Oct 5, 2024 at 7:52 AM
  7. DogDaze

    DogDaze Member

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    That's not a bad idea and great advice...
     
    #7 DogDaze, Oct 5, 2024 at 7:56 AM
  8. DogDaze

    DogDaze Member

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    We did have the inverter fail... Our dealership repaired it for no charge.. even gave us a loaner while it was in the shop.. no out of pocket cost to us otherwise.

    I don't have the check with me at the moment, but it mentioned the Kroll class action..
     
    #8 DogDaze, Oct 5, 2024 at 7:59 AM
  9. DogDaze

    DogDaze Member

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    Yes, it's like $352.. and I saw something on Reddit.. regarding the same... I was thinking it's legit... But thought best to check here first..

    Thank you for the info you turned up.

    btw, I don't recall filling anything out, but we may have gotten something in the mail if we wanted to 'opt out'.. I never responded to that opt out option since I wasn't sure if it was legit. I have no idea how they knew we had the failure.

    We have a 2012 V.. no issues with that inverter (yet) and about 50k more miles than the 2011 liftback. I've been trying to accelerate lightly on both since the initial failure.. (where I may have been on it a little too hard when it failed.. in the Eco Mode to boot)
     
    #9 DogDaze, Oct 5, 2024 at 8:02 AM
    Last edited: Oct 5, 2024 at 8:10 AM
  10. Mendel Leisk

    Mendel Leisk Senior Member

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    What does IPM stand for?
     
    #10 Mendel Leisk, Oct 5, 2024 at 9:12 AM
  11. AzusaPrius

    AzusaPrius Senior Member

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    #11 AzusaPrius, Oct 5, 2024 at 10:47 AM
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