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Apple to Compensate Early Apple Watch Owners in Lawsuit Settlement
Apple has reached a $20 million settlement to resolve a class-action lawsuit alleging that certain early Apple Watch models suffered from a...
Under the terms of the settlement, Apple will create a $20 million non-reversionary fund to compensate consumers who experienced battery swelling issues with the affected models. Consumers who qualify will receive a payment of $20 per affected device, with the potential for a higher amount depending on the total number of claims filed. As with most class-action settlements, the total amount received by individual claimants will depend on the number of participants and a significant portion of the $20 million fund will also go toward legal fees and administrative costs.
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