Vizio's class-action privacy settlement awaits approval from U.S. District Court Judge Josephine Staton, MediaPost reports. As part of the settlement, Vizio will pay $17 million to settle allegations it shared consumers' data with advertising technology companies and data brokers. More than 500,000 customers submitted claims as part of the lawsuit, with each expected to receive $16 per television set. The settlement will see $11 million paid out to customers and $6 million to go to the attorneys who brought the lawsuit. "A claims rate of more than 4% reveals a sufficient level of class engagement to infer that the settlement’s benefits were appropriately conveyed to the class," the lawyers wrote in a motion asking the judge to approve the deal.
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