April 23, 2024
Investors in mobile hotspot-maker Franklin Wireless Corp. have received an initial green light for their $2.4 million deal to end claims the company knowingly sold devices with defective batteries that could burst into flames after a federal judge rejected an earlier iteration of the proposal.
February 27, 2024
Wireless equipment maker Franklin Wireless Corp. and its investors have again asked a California federal judge to approve their $2.4 million deal to end a lawsuit accusing the company of concealing defects in lithium-ion batteries, saying their revised deal would pay investors $350,000 more than the version the judge rejected last month.
January 24, 2024
A federal judge has rejected a proposed $2.4 million deal that would resolve investors' claims that wireless equipment maker Franklin Wireless Corp. concealed defects affecting the lithium-ion batteries of certain mobile hotspots, finding the settlement agreement grants unequal treatment to class members.
May 24, 2023
An investor in wireless equipment maker Franklin Wireless Corp. has asked a San Diego federal judge to give an initial nod to a $2.4 million deal to end claims that the company concealed that some of its mobile hotspots had defective lithium-ion batteries.
January 04, 2023
A San Diego federal judge has certified a class of investors in wireless equipment maker Franklin Wireless Corp. in a suit alleging the company concealed that its mobile hotspots had defective lithium-ion batteries.