Microsoft's LinkedIn Agrees to Pay $6.6 Million to Settle Lawsuit Alleging it Overcharged Advertisers

MT Newswires Live07-26

Microsoft's (MSFT) LinkedIn filed a preliminary settlement Thursday for a proposed class action that alleged the platform overcharged advertisers on inflated metrics resulting from measurement errors.

LinkedIn, which denied any wrong doing, agreed to pay about $6.6 million to settle the class action and will "use commercially reasonable efforts to engage a reputable third party to audit" the metrics, according to the court filing.

The preliminary settlement is subject to approval by US Magistrate Judge Susan van Keulen.

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