Consumer Law,
Civil Litigation
Mar. 3, 2020
Apple settles ‘defective device’ class action for up to $500M
Apple Inc. has agreed to settle up to $500M to resolve allegations of throttling older iPhone models.
Without admitting fault, Apple Inc. agreed to pay up to $500 million to settle allegations it purposely slowed older model iPhones to force consumers to buy new ones.
The preliminary settlement reached between Apple Inc. and a class of plaintiffs came late Friday. According to the stipulation, Apple's counsel from Gibson Dunn & Crutcher LLP said the company "vigorously disputes the claims alleged in the actions and is enterin...
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