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Nike is giving FuelBand owners $25 after settling class action suit

Do you own a Nike+ FuelBand? If so, you can claim a little surprise "gift" courtesy of Nike and Apple. The two companies have settled a class action lawsuit and have agreed to pay owners $25 in the form of a Nike gift card. Alternatively, you can opt to receive a check for $15 from Nike.

Anyone in the US who purchased a FuelBand from the fitness tracker's original release on January 19th, 2012 to June 17th, 2015 is eligible, and you can receive a payment for each and every Fuelband you've purchased over the years. You can submit a claim online here, and you have until January 4th to do so.

The plaintiffs alleged that both Nike and Apple made false claims about the fitness tracker's ability to track steps, calories, and even NikeFuel points. In addition, the lawsuit alleges that the companies failed to properly follow through with the terms of the product's warranty. Both companies deny the claims, but, according to the settlement, they agreed to the class action terms "in order to avoid the expense, inconvenience, and distraction of continued litigation."

Correction: The original headline for this story stated that both Nike and Apple were paying claims. While both Nike and Apple agreed to the settlement, the terms state that "Nike has agreed to provide" the $15 and $25 payments. It's unclear how or if the payments are being divided between the two companies. We regret the error.