According to a settlement website set up by the law firm Girard Gibbs, members of a lawsuit against LG for G4, V10, V20, Nexus 5X, and G5 bootloop problems have received a settlement offer. The suit went to arbitration last summer.

LG is offering class members plaintiffs either $425 as a cash settlement or a $700 rebate toward the purchase of a new LG phone. That's pretty generous, and it's clear that's going to help offset some of the anger LG's created with this whole incident.

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