A few weeks ago I wrote a post about being ready for your Netflix price to go up, which mine finally is this coming month. Searching through my memory at the time I could have sworn that when I signed up for Netflix they promised me the rate would stay the same through the life of my subscription but I brushed it off.
Someone else didn’t.
A class action lawsuit alleges that Netflix Inc. broke the contract it made with millions of customers who have “grandfathered” subscription plans with price guarantees. “For a period of time, Netflix solicited persons to subscribe to Netflix’s streaming service by guaranteeing that Netflix would not increase monthly subscription prices as long as the subscribers maintained the subscription service continuously.”
The class action asserts that “Netflix has broken its contract with these subscribers by unilaterally raising monthly subscription prices.”
The Netflix grandfathered plan price increase lawsuit requests certification of a Class of “all persons who entered into an agreement with Netflix for a streaming plan at a subscription price that Netflix promised not to increase for as long as they continuously maintained their subscriptions.”
The lawsuit seeks an injunction, or court order, stopping Netflix from breaching the alleged contract, as well as payment of “compensatory damages and any other damages authorized by law.”
So if you have Netflix and think you may be eligible for this click here to check out all the details. I think I might be included in this one!