LG has reached an agreement with lawyers representing owners of select smartphones and will offer impacted class members cash.
The settlement puts to rest the bootloop problem that plagued a number of LG smartphones, including the G4, G5, V10, V20, and Nexus 5X. Manufacturing defects led the devices to crash and then automatically reboot, rendering them useless. LG is offering members of the class their choice of either a $425 cash settlement or a $700 rebate toward the purchase of a new LG phone.
Members of the class can fill out a proof of claim form and should expect to hear directly from the law firm at hand. Payments will be distributed at the beginning of March.
