Friday, November 18, 2011

Walmart Offers $27 Million Settlement In Netflix Class-Action Suit

Apparently Netflix subscribers unhappy with Wal Mart's decision to promote Netflix' DVD rental service in return for Netflix pitching Wal Mart's DVD sales business filed a class-action suit alleging this collusion helpted Netflix dominate the mail order DVD rental business.

A California judge agreed and a settlement fund has been created by Wal Mart. If you had a Netflix DVD rental plan between May 19, 2005 through September 2, 2011 you need to file a claim. You can elect to receive cash or Wal Mart gift card for yet to be calculated amount.

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