Issues with the iPhone 7 and iPhone 7 Plus led Apple to agree to settle a class action suit for $35 million
If you receive a postcard or an email regarding the settlement, you have until June 3rd to let the Settlement Administrator know “whether you elect to receive the payment by electronic check, ACH transfer, or physical check, and provide the corresponding e-mail address, banking information, or mailing address for the payment’s distribution.” If you fail to reveal which payment method you’ll accept, you will not get a settlement claim and will forfeit any opportunity to sue Apple for this issue.
It should be noted that just because Apple settled the suit for $35 million, it doesn’t mean that the “Settlement Class” will split that amount. As usual, during class action suits, the lawyers take their cuts before the remaining cash is doled out to the public.