Lawyers for Vizio Smart TV owners propose final deal, around $20 per person

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Enlarge / An employee arranges a display of Vizio Inc. high-definition televisions at a Best Buy Inc. store in Paramus, New Jersey, U.S., on Friday, Nov. 25, 2016. (credit: Mark Kauzlarich/Bloomberg via Getty Images)

Lawyers representing Vizio TV owners have asked a federal judge in Orange County, California to sign off on a proposed class-action settlement with the company for $17 million, for an affected class of 16 million people, who must opt-in to get any money. Vizio also agrees to delete all data that it collected.

Notice of the lawsuit will be shown directly on the Vizio Smart TVs, three separate times, as well as through paper mailings.

When it’s all said and done, new court filings submitted on Thursday say each of those 16 million people will get a payout of somewhere between $13 and $31. By contrast, their lawyers will collectively earn a maximum payout of $5.6 million in fees.

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