I'd like to hear from anyone having the same problem.
Both myself and my girlfriend purchased LG Cosmos Touch phones from the local Verizon store last April. Originally we had the frustration of the Daily Scoop popping up every time we used them. On 13 June 2011 Verizon pushed a software update to our phones. Immediately after that update our phones began experiencing the occasional restart: when we slide open the QWERTY keyboard; when receive a TXT and touch the View Message button; when we unlock the display; when we edit and save a Calendar entry; or when we Send a TXT. It's random and as I said the "restart problem" began immediately after the last software update. I know this because I happened to open the display at 10 PM on June 13th, and the system asked me if I wanted to accept the update. I have a reconditioned phone coming to see if that solves the problem. Doubtful, since the latest software update will be installed upon activation. But let's keep a positive thought.
OK - the reconditioned phone did the same thing. So I kept my original phone and sent the replacement back.
Then I called the Customer Service number again about the same Order Number. The "technician" walked me through the "Restore Phone" procedure. He was positive that would solve my problem. Didn't. Yesterday my phone restarted twice.
There is a reply on another post (LG Cosmos Touch - Help Remove Daily Scoop, Please!!) from MikeS_VZW, Wireless Employee, on page 6. At the end of his post he states, "Edit: Also, if your issue is not caused by the Daily Scoop alerts, and the screen is just randomly lighting up, this is going to be fixed. LG is working on a new software version that will be available. I don't have a timeframe, but I have confirmed it is in the works. New software version will be VN270ZV5."
Hope the update comes soon, fixes this problem too, and doesn't cause other problems.