One last post on the famous iPhone 4 antennagate. A settlement has been finally reached in a class-action lawsuit targeting the antenna performance of the iPhone 4. As part of a preliminary approval made this past Friday afternoon, customers who bought the phone will be entitled to $15 in cash or a bumper case provided by Apple. The settlement comes from 18 separate lawsuits that were consolidated into one.

From Engadget:

According to CNET, a class-action lawsuit over the iPhone 4’s troublesome antenna, aka Antennagate, has been settled. The planned resolution will net US residents who bought one and presumably either $15 in cash or (another?) free bumper case. CNET quotes co-lead counsel Ira Rothken (who, by the way, also represents Megaupload) saying that he believes the settlement is “fair and reasonable”, affecting some 25 million people who will be notified by email and through print ads in USA Today and Macworld. Once they’ve received the heads up, they can go to (not up and running yet) to register their claims. When the issue first came to light back in 2010 Apple suggested holding it differently before saying it would tweak its signal display formulas and, eventually, offering the free cases. Hopefully for the company and its users, this resolution puts the issue — which is not a problem on the new 4S — to bed.