Law360 (October 4, 2018, 7:17 PM EDT) -- Vizio Inc. has reached a $17 million deal to resolve multidistrict litigation brought on behalf of 16 million smart-TV owners over claims that the electronics company collected and shared data about the consumers' viewing habits without their consent, according to documents filed Thursday in California federal court.
In a motion for preliminary settlement approval, counsel for the consumers argued that the deal is fair, because revenue that Vizio obtained from sharing consumers' data will be fully disgorged and class members who submit a claim will receive a proportion of the settlement, which would be between $13 and $31, based on a...
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