GR Firm and Bursor & Fisher P.A. have successfully reached a proposed settlement in a class action lawsuit against Peacock TV LLC. The lawsuit centers on allegations that Peacock automatically renewed its video streaming subscriptions and charged customers without providing the proper disclosures and authorizations, as required by California law.
While Peacock denies the claims, stating that it did not violate any laws, the company has agreed to settle to avoid the costly and uncertain nature of litigation. By settling, Peacock aims to focus its resources on continuing to provide premium content to its subscribers rather than prolonged legal battles.
What the Lawsuit Alleges
The lawsuit alleges that Peacock’s subscription renewal practices were not compliant with California’s automatic renewal laws. Customers who subscribed to Peacock’s streaming services between September 15, 2019, and February 27, 2024, may have been automatically charged without receiving adequate notice or authorization, as required by state regulations.
The Terms of the Settlement
The proposed settlement defines a Settlement Class that includes all individuals who subscribed to Peacock during the specified period using a California billing address and were automatically charged renewal fees.
Class members who fall under this definition will be eligible for a cash payment from the settlement fund, estimated to be approximately $18.33 per individual. This pro rata payment is based on the total number of valid claims submitted and the size of the settlement fund.
How to Claim Your Payment
To receive a payment, eligible individuals must submit a Claim Form, either by mail or online, no later than October 13, 2024. Failing to meet this deadline will disqualify claimants from receiving their portion of the settlement.
Why Peacock Chose to Settle
Peacock has made it clear that the decision to settle was not an admission of liability but rather a practical move to avoid the time, effort, and expense of continued legal proceedings. By settling, Peacock can concentrate its efforts on delivering value to its subscribers rather than becoming entangled in a drawn-out court battle.
Final Thoughts
For Peacock subscribers affected by the automatic renewal practices, this settlement offers an opportunity to recoup a portion of the renewal fees they may have paid without proper notification. While Peacock denies any wrongdoing, the settlement reflects the increasing importance of clear and transparent subscription practices in today’s digital marketplace.
More at the link: https://carenewalsettlementpeacocktv.com/
