Released: March 22, 2006

Netflix settlement reworked after protests

Source: By Caroline E. Mayer,

A proposed class-action settlement involving Netflix Inc. customers has been rewritten to address complaints that the agreement did little for consumers while rewarding the company and lawyers who filed the suit.

The new version of the settlement, which is scheduled to be reviewed by a California Superior Court judge at a hearing today, still gives the plaintiffs’ attorneys more than $2 million. However, the chief complaint about the previous settlement - that it would have resulted in Netflix customers paying higher monthly fees - has been resolved.

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