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THOUSANDS of Americans are being urged to check if they’re eligible to claim payments up to $400 from a $2million appliance settlement.
It is now the final chance for those affected by the class action lawsuit to apply for the cash – and a simple receipt is all that’s needed.
Those affected can get thousands from this settlement[/caption]
Bosch Home Appliances, manufactured by BSH Hausgeräte GmbH, is a German company that produces kitchen and home appliances.
The company is currently involved in a class action lawsuit with plaintiffs alleging its microwaves and ovens contained defective components that resulted in panel failure.
Bosch’s products contained faulty variable-frequency drive, or VFD, control panels, per the settlement website.
Class members argued the design of the control panels resulted in the panels fading, dimming, becoming unreadable, or failing.
Bosch denied wrongdoing but agreed to pay $2 million to resolve the settlement, but time is running out to claim the payments.
The class action lawsuit benefits those who purchased select Bosch products, acquired them as part of a home purchase or remodel, or received them as a gift.
Eligible Bosch products include microwaves or ovens with the following model numbers:
HBL5751UC
HBL8751UC
HBLP751UC
HMC80151UC
HMC80251UC
HMC87151UC
Under settlement terms, eligible class members may receive Tier 1(a), Tier 1(b), or Tier 2 benefits.
Tier 1(a) benefits include $400 compensation for documented out-of-pocket costs related to a past panel failure.
Tier 2 benefits involve a three-year extended service plan through which Bosch will replace failed variable-frequency drive control panels.
Acceptable documents include the model and serial numbers, receipts, checks, credit card statements, warranty registrations, photographs, repair communications, or service invoices.
What's a class-action settlement?
Class action lawsuits offer groups of people, or 'classes,' a way to band together in court.
These suits are often brought by one or a few people who allege a company or other entity has wronged a large group of people.
When a suit becomes a class action, it extends to all “class members,” or people who may have similar complaints to those who filed the suit.
Companies often settle class actions – offering payment to class members who typically waive their right to pursue further legal action by accepting money.
These payout agreements frequently include statements by the defendant denying wrongdoing. Companies tend to settle class actions to avoid the costs of further litigation.
Pollution, discrimination, or false advertising are a few examples of what can land a class action on a company’s doorstep.
To qualify for benefits, class members must submit a valid claim form.
The cutoff to file a claim for Tier 1(b) or Tier 2 benefits is February 12, 2025.
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