"Vizio Settles for $3M Over Misleading Refresh Rate Allegations"

Vizio has agreed to a $3 million settlement over a class action lawsuit alleging deceptive marketing of "effective" refresh rates on their TVs in California. The lawsuit claimed that Vizio's advertised 120Hz and 240Hz refresh rates were misleading, suggesting a higher performance than the TVs actually provided. Vizio denies wrongdoing but will compensate affected customers who file claims by March 30th of the following year and will change its advertising practices. The settlement also includes enhanced services and a limited one-year warranty for class members.