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


Reshared post from +Michael Sauers

Walmart Offers $27 Million Settlement In Netflix Class-Action Suit
If you’ve received an email saying you’re entitled to make a claim in a class-action lawsuit against Netflix and Walmart, don’t toss it. Walmart has thrown in the towel and is offering to settle with customers who sued the retail giant and Netflix after the two companies made a deal to promote each other’s DVD businesses.

Under the 2005 agreement, Walmart got out of the mail-order DVD rental business and began pitching Netflix’s service, while Netflix agreed to promote Walmart’s DVD sales bu…

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