Early last year, a class-action lawsuit was filed against LG over bootloop issues affecting their G4 and V10 smartphones. Now, according to a settlement website set up by the law firm Girard Gibbs, members of the lawsuit have received a settlement offer. The only catch is that the settlement is only for plaintiffs of the initial case. Android Police reports: LG is offering plaintiffs either $425 as a cash settlement or a $700 rebate toward the purchase of a new LG phone. That's pretty generous, and it's clear that's going to help offset some of the anger LG's created with this whole incident. If you're one of the plaintiffs, you don't have to mail in your broken phone or anything, you just get the settlement offer, straight up. Members of the class will be contacted shortly with instructions on how to take advantage of the settlement. Payments will be distributed beginning in March.