Half my screen rainbow snow

Anyone having the issue where half your screen turns to a rainbow colored snow pattern like an old TV? (vertical, right half) It seems to be an overlay and recognizes the touches underneath, but it won't go away. I've seen others with this issue on other forums, but I don't believe I've seen this here yet. Not sure what' going on. I have just filled out a support request with LG. The only fix available right now is to exchange the phone it seems.