Categories
Apple Business iPhone Legal News

Apple to pay up to $500 million to settle U.S. class action lawsuit in iPhone slowing case

Sometimes the thing you thought was a good idea comes back to bite you.

Apple will pay up to $500 million to settle a U.S. class action suit related to iPhone slowing allegations. The claimants involved in the case stated that Apple deliberately slowed devices to push users to upgrade to newer, faster ones.

Per Reuters:

The preliminary proposed class-action settlement was disclosed on Friday night and requires approval by U.S. District Judge Edward Davila in San Jose, California. It calls for Apple to pay consumers $25 per iPhone, which may be adjusted up or down depending on how many iPhones are eligible, with a minimum total payout of $310 million. Apple denied wrongdoing and settled the nationwide case to avoid the burdens and costs of litigation, court papers show.

As always, stay tuned for additional details as they become available.

Via The Mac Observer and Reuters