Apple Watch Users Could Receive a Slice of $20 Million Payout, But Time Is Running Out

Apple users who own or previously owned certain models of the Apple Watch may be eligible for aportion of a $20 million payout as part of a class action settlement. Earlier this year, Apple agreed to resolve claims that first-generation Series 1, 2, or 3 Watches were defective due to battery-swelling issues. Affected users have only a limited time left to confirm their eligibility and claim their payment through the settlement website.

The settlement covers individuals who purchased or owned one of these Apple Watch models between April 2015 and February 6, 2024. Reports of battery swelling caused damage to other components, such as screens, leading to costly repairs for many users. Apple has not admitted fault but has agreed to compensate affected customers. Eligible users could receive up to $20 per device, though the exact amount may vary depending on the total number of claims and the net settlement fund.

Other Payout Opportunities for Americans

In addition to the Apple Watch settlement, Americans have several other opportunities to claim payouts from various class action lawsuits. One such case involves a $500,000 settlement with McPherson Hospital in Kansas, which resolves allegations of a data breach. Eligible individuals can claim a portion of this fund by providing a receipt as proof of their claim.

Another opportunity comes from a $5.8 million settlement with Nationstar Mortgage, which allegedly violated mortgage servicing laws. Borrowers who were affected by these violations, including those who lost their homes to foreclosure, may be eligible for payments. If the settlement fund exceeds a certain threshold, payouts could be even larger than initially expected.

The final approval for these settlements is expected soon, with a hearing scheduled for April 10. Class members do not need to submit a claim form, but they must confirm their payment information on the settlement website to ensure they receive their share. Those who do not opt out of the settlement may still receive automatic benefits.

Warnings Against Fraudulent Claims

Experts have urged caution to ensure that only eligible individuals make claims. Submitting fraudulent information can result in severe consequences, including penalties for perjury. Additionally, false claims could harm the chances of legitimate claimants receiving their fair share of the settlement funds.

As the deadlines for these payouts approach, it’s crucial for eligible individuals to act quickly and follow the proper procedures to confirm their payment details. Missing out on these opportunities could mean forfeiting the chance to receive compensation for damages or losses related to these cases.

In summary, Apple Watch users, along with those affected by the data breach and mortgage servicing violations, have limited time to claim their share of these settlements. By confirming their eligibility and providing the necessary information, they can ensure they receive the compensation they are entitled to.