📈 Fed's first cut since 2020: Time to buy the dip? See Tech-focused stock picksUnlock AI Picks

Samsung faces potential class action in U.S. over Note 7

Published 10/18/2016, 06:17 PM
Updated 10/18/2016, 06:20 PM
© Reuters. Shoppers walk near a Galaxy Note 7 advertisement at a Samsung store in Jakarta
0593xq
-

(Reuters) - Samsung Electronics Co Ltd's (KS:005930) U.S. unit is facing a proposed class action lawsuit from three Galaxy Note 7 customers, according to a filing in a federal court in Newark, New Jersey.

The complaint against Samsung Electronics America Inc seeks to represent a nationwide class of Note 7 customers in Nevada, Pennsylvania and California.

The world's top smartphone maker last week permanently ended sales of the fire-prone Note 7 smartphone less than two months after its launch.

Samsung announced the recall of 2.5 million Note 7s in early September following numerous reports of the phones catching fire in what could be one of the costliest product safety failures in tech history.

A spokeswoman for Samsung Electronics America declined to comment on the pending litigation.

The complaint, filed on Oct. 16, alleges that the consumers discontinued using the phones after the recall, but were asked to wait days or weeks for a replacement phone.

The complaint states that the consumers continued to incur monthly device and plan charges for phones they could not use.

© Reuters. Shoppers walk near a Galaxy Note 7 advertisement at a Samsung store in Jakarta

The case is re: Waudby vs Samsung Electronics America, U.S. district court, district of New Jersey, Newark, No. 16-cv-07334-CCC-JBC

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.