Lawyers Win Big in iLawsuit Print
Thursday, February 02 2012

As part of a settlement in a class action lawsuit against Apple, some iTunes customers are eligible to receive $3.25 in iTunes Store credit.  Also as part of the settlement, Apple has agreed not to oppose the Class Counsel's request of attorneys’ fees and expenses of up to $2,117,500. 

According to news reports, plaintiff Gabriel Johnson filed a class action lawsuit alleging that Apple overcharged customers by advertising and distributing $0.99 gift cards before subsequently raising prices for certain songs to $1.29. Johnson’s suit claimed Apple moved from the $0.99 model to a higher-quality track for $1.29 but during the transition continued to promote $0.99 songs.

Although Apple denied the allegations, in order to avoid the cost of litigation, both parties agreed to a settlement in which some customers will get a $3.25 credit -- and the lawyers will get millions.

—Source: forums.appleinsider.com