VIZIO Will Pay $3 Million to Settle a Class Action Lawsuit Over TV Refresh Rates

VIZIO, as part of a class action lawsuit in California, has agreed to pay $3 million to settle allegations of false and misleading advertisements of TV refresh rates in TVs sold since April 30, 2014.

According to documents, the settlement resolves a class-action lawsuit that alleged VIZIO advertisement of its TVs having “120Hz Effective Refresh Rate” or “240Hz Effective Refresh Rate” was false and misleading. VIZIO, however, is continuing to deny the allegations and contends that it properly labeled the TVs with the correct specifications.

VIZIO is resolving the lawsuit by agreeing to stop the advertising practices, providing enhanced services and a limited one-year warranty to all settlement class members, and pay $3 million, which comes to up to $50 per valid claim.

Read the source article at CEPro