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The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'

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Trump pulls back after Iran crosses his red line as U.S. military breaks two-week streak of airstrikes amid talks for potential Hormuz deal

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'The demographic dividend of the last 40 years is ending': J.P. Morgan says the world is running out of the two things that kept interest rates down
Tech

Samsung Faces a Potential U.S. Class Action Lawsuit Over the Galaxy Note 7

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October 19, 2016, 6:44 AM ET
Samsung Discontinues Production And Sale Of Defective Galaxy Note 7
NEW YORK, NY - OCTOBER 11: People walk by the new Samsung store in lower Manhattan on October 11, 2016 in New York City. Less than two months after its launch, Samsung Electronics has announced that it is discontinuing its flagship Galaxy Note 7 smartphone after repeated reports of fires starting in the phones. Photo by Spencer Platt/Getty Images) (Photo by Spencer Platt/Getty Images)Photograph by Spencer Platt — Getty Images
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Samsung Electronics’ 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, N.J.

The complaint against Samsung Electronics America 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 (SSNLF) 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.

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

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