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Apple agrees to pay $50M to settle 'butterfly' keyboard lawsuit

Apple (NASDAQ:AAPL) $Apple(AAPL)$ has agreed to pay $50M to settle a class-action lawsuit that accused the tech giant of knowing and concealing that the "butterfly" keyboards on its MacBooks were likely to fail, Reuters reported.

The proposed settlement was filed on Monday in a federal court in San Jose, California and requires the approval from a judge, the news outlet added.

The settlement covers people who bought MacBook, MacBook Air and most MacBook Pro models between 2015 and 2019 in seven U.S. states, including California, New Jersey and New York.

Customers from Florida, Illinois, Michigan and Washington were also included in the lawsuit.

Those covered under the lawsuit can expect to receive $50 if they replaced key caps; $125 if they replaced one keyboard; and $395 if they replaced multiple keyboards, Reuters reported.

Apple denies any wrongdoing as part of the proposed settlement. They are also eligible for four years of free keyboard repairs.

Apple to slow hiring = A possible "Earnings Miss"?

Apple is reportedly to slow spending in some areas next year and scale back hiring initiatives... With its earnings report to be released on July 28, does this mean Apple will possibly MISS on expectations? What're your takes? Share to win coins!

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Comments

ParableTalen
2022-07-20
ParableTalen
warm up
SSVC
2022-07-20
SSVC
K
ATH
2022-07-20
ATH
ok
JoyJoyce
2022-07-20
JoyJoyce
ok
JaydenSee
2022-07-20
JaydenSee
Ip
HRHJMM
2022-07-20
HRHJMM
Interesting..

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8

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