Owners of the iPhone 7 only have a few days left to file a claim for a settlement in the class-action lawsuit against Apple (NASDAQ:AAPL).
June 3 is the final day that iPhone 7 owners can file to get money back from the lawsuit settlement. It’s worth noting that this also covers the iPhone 7 Plus as well.
In order to file the claim in the iPhone 7 settlement, the device must have been owned anytime between Sept. 16, 2016 and Jan. 3, 2023. The owners of the devices must also have experienced audio issues during that time and complained to Apple or paid to have it repaired or replaced.
Details of the iPhone 7 Settlement
With this settlement, affected iPhone 7 and 7 Plus owners may receive up to $349 in compensation from Apple. The final hearing for this lawsuit will take place on July 18, 2024. So along as all goes well, the settlement will be paid sometime after that.
It’s worth noting that as part of this lawsuit, Apple doesn’t acknowledge there were any audio issues with the iPhone 7 or 7 Plus. The company also doesn’t admit to any wrongdoing connected to the case.
AAPL stock is largely unbothered by the iPhone 7 settlement news on Thursday morning.
Investors will want to keep reading for more of the hottest stock market stories today.
We have all of the hottest stock market news traders need to know about on Thursday! A few examples include what’s going on with shares of Archer Aviation (NYSE:ACHR), Salesforce (NYSE:CRM) and Disney (NYSE:DIS) stock today. All of this info is available below!
More Stock Market News for Thursday
On the date of publication, William White did not have (either directly or indirectly) any positions in the securities mentioned in this article. The opinions expressed in this article are those of the writer, subject to the InvestorPlace.com Publishing Guidelines.
