Items tagged with settlement

It took a bit of time to weave through all the red tape and get the various paperwork in order, but you can finally take Sony up on its cash back or merchandise settlement offer if you purchased a PlayStation Via handheld console before June 1, 2012, and have not returned the product for a full refund. If so, it's your turn to fill out some paperwork.The settlement agreement is the same that was reached with the FTC back in November. It's in relation to the Vita's "cross-save" functionality and how it was advertised. At the time of the complaint, the cross-save feature only worked with a few PlayStation... Read more...
Target has reportedly reached a settlement agreement in which it will pony up $10 million as compensation to victims of a massive security breach in 2013. The proposed settlement has to be approved by a federal district court judge, and if it is, individual victims of the data breach could receive up to $10,000 in damages, court documents revealed.Account information for some 40 million credit and debit cards were potentially compromised during the security breach, which occurred between November 27 and December 15, 2013. It was one of the largest of its kind. Hackers are believed to have stolen... Read more...
Without admitting any wrongdoing, Intel has agreed to settle a class action lawsuit alleging that the Santa Clara chip maker manipulated benchmark scores for its first-generation Pentium 4 processors. The suit also alleges that Hewlett-Packard helped Intel fudge its scores in order to cover up "pervasive design flaws" resulting in "dismal" performance compared to the previous generation Pentium III and AMD's Athlon CPUs. "Intel used its enormous resources and influence in the computing industry to, in Intel’s own words, 'falsely improve' the Pentium 4’s performance scores. It secretly... Read more...
Well now, that was fast -- rather than let their legal beagles bark at each other in court, Apple and Bose came to terms on a settlement agreement that puts to rest the latter's clam that the former is infringing on proprietary patents that mostly involve noise noise cancelling technology. Prior to the settlement, Bose sought to block Apple from importing its Beats headphones into the U.S. Bose also wanted Apple to pay monetary damages, and though terms of the settlement have not been disclosed, it's a safe bet that money is what Bose will receive (you know, as opposed to a box full of Beats headphones... Read more...
Verizon will pay a hefty $7.4 million fine as part of a settlement agreement with the Federal Communications Commission to end an investigation into the wireless carrier's use of personal consumer information for marketing purposes without their consent, the FCC announced today. In addition to the fine, Verizon agreed to notify customers of their opt-out rights on every bill for the next three years. The FCC has been taking a hardline approach to the way wireless carriers do business, though most of the ire has been directed at data caps and related business practices. For example, FCC Chairman... Read more...
Apple may have to pay consumers up to $400 million as part of a settlement agreement it reached with New York Attorney Eric T. Schneiderman over the company's alleged involvement in a price fixing conspiracy. A federal court in New York found that the conspiracy led to artificially inflated prices for e-books sold to consumers in New York and throughout the country. "This settlement proves that even the biggest, most powerful companies in the world must play by the same rules as everyone else," said Attorney General Schneiderman. "In a major victory, our settlement has the potential to result in... Read more...
Four major technology firms agreed to pay a combined $324.5 million to settle what essentially boiled down to a wage-fixing lawsuit. Employees of Adobe, Apple, Google, and Intel alleged that their employers conspired to suppress salaries by secretly agreeing not to poach talent from each other. More than 64,000 workers were represented in the lawsuit. The employees settled for far less than the $3 billion they were planning to seek if the case went to trial, which was set for May 27. Federal antitrust law allows for damages awards to be tripled, so the four companies involved could have potentially... Read more...
A pair of healthcare organizations have agreed to pay a combined $4.8 million to settle charges that they potentially violated the Health Insurance Portability and Accountability Act of 1996 (otherwise known as HIPPA). The charges were the consequence of a data breach in which protected health information of thousands of patients was compromised. An investigation into the breach took place after New York and Presbyterian Hospital (NYP) and Columbia University (CU) submitted a joint breach report dated September 27, 2010. The report said that 6,800 individuals had their electronic protected health... Read more...
If you've ever made an in-app purchase in Apple's App Store, be on the lookout for an email with instructions on how to request a refund. As part of an earlier settlement agreement, Apple is reaching out to iTunes users to give them a chance to request a refund for any unauthorized purchases "made by a minor." "We've heard from some customers that it was too easy for their kids to make in-app purchases. As a result, we've improved controls for parents so they can better manage their children's purchases, or restrict them entirely. Additionally, we are offering refunds in certain cases," Apple states... Read more...
The good news for parents who sued Apple over what they claimed were hidden charges in children's game apps is that Apple agreed to settle the class action suit. However, in place of cold, hard cash, qualified class members who spent less than $30 will receive $5 in iTunes store credit (those who spent more can request a cash refund). "The proposed settlement eliminates the risks of continued litigation, including the risk of no recovery from Apple. It immediately provides the certainty of valuable benefits to the class members," the motion to approve the settlement said, according to Law360. "If... Read more...
Handset maker HTC avoided following in the footsteps of Samsung by recently signing a 10-year license agreement with Apple, thus avoiding a drawn out battle over patents. Samsung, of course, took the other route and was nailed with a $1.05 billion verdict. Did that play a part in HTC's decision to settle with Apple? One would have to think so, but how much HTC agreed to fork over in the licensing deal is a point of dispute. Media reports had the figure pegged at $6 to $8 per every Android handset sold. Speaking to reporters this week, HTC boss Peter Chou called those numbers "outrageous," adding... Read more...
LCD makers got caught with their hands in the cookie jar, so to speak, and now it's time to pay up. The State of California Department of Justice announced a $538 million settlement resulting from a lawsuit filed in October 2010 against 10 companies who allegedly "conspired to fix, raise, maintain, or stabilize prices of TFT-LCD flat panels resulting in overcharges to consumers." The settlement applies to products with LCD panels (computer monitors, laptops, and PCs) purchased between 1999 and 2006, though only if you live in the District of Columbia or one of 24 states named in the settlement,... Read more...
A settlement has been reached in the "Kramer v B2Mobile, LLC and LeadClick Media, Inc." case in which cell phone owners may be eligible to receive up to $100 in compensation for receiving text spam. It could be the easiest C-note you ever 'earned,' only don't get your hopes up, there's a good chance you'll receive nothing at all. On the bright side, the guilty party will still be punished, so there's your consolation prize. Let us explain. Details of the proposed settlement are up on TextAdClass.com (bring a PDF reader). Under terms of the settlement, B2Mobile and LeadClick Media legally deny any... Read more...
The Federal Trade Commission can close the books on its case against Intel, the world's largest chip maker, after the two sides were able to hammer out a settlement. Intel stood accused of anticompetitive practices, which is legal speak for being a bully in the marketplace, and under terms of the agreement, the Santa Clara chip maker must refrain from offering "conditioning benefits" to manufacturers who agree to roll with Intel exclusively, or "retaliating against" manufacturers who don't. "This case demonstrates that the FTC is willing to challenge anticompetitive conduct by even the most powerful... Read more...
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