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Apple to pay $53 million to settle class-action suit over iPhone and iPod touch warranties |
May 29, 2013
Apple has agreed to pay US$53 million to settle a class-action suit in connection with warranties for its iPhone and iPod touch devices.The proceeds of the cash settlement will be paid to over 153,000 owners of the devices who were denied warranty coverage while Apple's "liquid damage policy" was still in force, according to a joint filing Tuesday in U.S. District Court for the Northern District of California.Under the earlier warranty policy, Apple had installed a Liquid Submersion Indicator (LSI), made from a water contact indicator tape manufactured by 3M, on the devices. Color changes in the indicator from white to pink or red could be viewed externally.Apple changed its Liquid Damage Policy as it pertained to the iPhone in or around November 2009, while for the iPod touch it continued till May 2010.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2040049/apple-to-pay-53-million-to-settle-classaction-suit-over-iphone-and-ipod-touch-warranties.html#tk.rss_all
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