Wal-Mart's DVD sales
Wal-Mart's DVD sales
Settlement: $27.25 million
Pay-out per customer: Likely less than a dollar

In 2005, a class action lawsuit was brought against Wal-Mart and Netflix alleging the two companies had agreed to stay out of each other's way in the DVD marketplace.

According to the suit, Wal-Mart agreed to stop its mail-order DVD rental business while Netflix agreed not to sell new DVDs. The end result, the suit claimed, was that Netflix subscribers ended up paying higher prices for online DVD rentals.

Netflix is still fighting the accusation but, in October, Wal-Mart agreed to settle the charges for $27.25 million. Of that amount, nearly $9 million will be doled out for attorney and other legal fees and expenses.

Consumers, however, could end up with pocket change. Should the millions of consumers included in the class action file a claim, they'll be lucky to walk away with a dollar. Payments will be made either in cash or in Wal-Mart gift cards.

A company spokesman chose not to comment, other than to say Wal-Mart was "pleased" with the settlement.

By Les Christie @CNNMoney - Last updated February 15 2012: 5:41 AM ET
Join the Conversation
What the foreclosure settlement means for you

The nation's largest banks struck a $26 billion deal to settle charges of abusive foreclosure practices.

Find Homes for sale
  • Property Type
  • Find a home in:
    New York | Atlanta | Chicago | Los Angeles
    Washington D.C | Houston | Philadelphia | More options

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2015 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2015. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2015 and/or its affiliates.