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Apple agrees to pay up to $500 million in settlement over slowed-down iPhones: What to know

By Ilene
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Apple agrees to pay up to $500 million in settlement over slowed-down iPhones: What to know

By Emily DeLetter, USA Today

Cotchett, Pitre & McCarty, one of the firms representing Apple customers in the suit, announced Aug. 9 that the 9th Circuit U.S. Court of Appeals dismissed two appeals from people challenging the settlement. Apple has agreed to pay a minimum of $310 million and up to $500 million in compensation for approximately 100 million iPhone users, in what the firm is calling the “largest-all cash recovery in a computer intrusion case in history.”

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