These 5 LG phones with bootloop problems entitle you to a big payout

There's finally good news for anyone who has experienced LG smartphone bootloop problems: LG is offering affected users a big payout in the form of cash or a rebate.

The now-settled lawsuit against LG sees owners of the LG G4, LG G5, LG V10, LG V20 and LG Nexus 5X receiving either $425 in cash, or a $700 credit toward a future LG-made smartphone such as the rumored LG G7 or LG V30 Alpha

It’s a heavy hit against the company, but a obviously a positive shift for the many who have been affected (raises hand).

How to claim your LG bootloop payout

As far as how you’ll get your payment, it seems that those affected by the lawsuit that have submitted a claim will be contacted, with payments being sent out in March. 

For those who haven’t sent their claim yet, you can use this proof of claim form, as shared by Android Police, but it’s currently not functioning correctly. The deadline for filing is supposedly set for February 12, and we’ll be updating this piece with a working link once one is discovered.

We’re unsure about how this impacts consumers around the globe who have experienced the sad state of having a bootlooped phone, but we’ve contacted LG for some clarity on the topic.

Via Android Central

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