Apple has reached a US$490 million tentative settlement to resolve allegations that in late 2018, the company misrepresented the state of the business in Greater China.
A settlement has been reached with Apple in a class action lawsuit alleging the tech giant misrepresented the ability to use its Family Sharing feature to share subscriptions to apps.
The parties to the lawsuit have settled for US$25 million. However, Apple denies that it made any misleading misrepresentations and denies all allegations of wrongdoing.
U.S. Apple users who participated in a Family Sharing group with at least one other member and purchased a subscription to an app through the App Store between June 21, 2015 and January 30, 2019 are eligible for a payment.
Each class member that files a claim is set to get US$30, though that will vary based on how many claims are made. The payout will not exceed $50 per claimant, and up to $10 million will go toward attorney fees. Customers have until March 1, 2024 to file a claim, and a final approval hearing is scheduled for April 2, 2024.
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