Apple iPhone Settlement, Check If You Are Eligible for $25 Cash Payment

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Apple iPhone Settlement

A lawsuit filed against Apple claimed that a performance management feature introduced for iPhone 6, 6 Plus, 6s, 6s Plus, and SE devices in iOS 10.2.1, and introduced for iPhone 7 and 7 Plus devices in iOS 11.2, diminished the performance of some of those devices. Apple denies all allegations and is entering into this settlement to avoid burdensome and costly litigation. This Apple iPhone settlement is not an admission of wrongdoing by Apple.

The Court did not decide the case in favor of Plaintiffs or Apple. Instead, both sides agreed to a settlement. That way, they avoid the cost of a trial, and settlement benefits go to the Settlement Class Members. The Named Plaintiffs and their attorneys think the settlement is in the best interests of the members of the Settlement Class.

Who’s Eligible?

You are a member of the Settlement Class if you are or were (1) a United States owner of an iPhone 6, 6 Plus, 6s, 6s Plus, 7, 7 Plus, and/or SE device (2) that ran iOS 10.2.1 or later or, in the case of iPhone 7 and 7 Plus devices, that ran iOS 11.2 or later before December 21, 2017. You must meet both criteria to be a member of the Settlement Class.

Related: See All Settlement Rebates Here

Settlement Payout

The cash payment per eligible device depends on the actual number of approved claims and other factors, including the award of attorneys’ fees and expenses and Named Plaintiff service awards. Under the proposed settlement, Apple shall pay a minimum of $310,000,000 (the “Floor”) and a maximum of $500,000,000 (the “Ceiling”). Under no circumstances shall any of the Floor revert to Apple.

Apple will provide a cash payment of approximately $25 per eligible device, provided that Apple will not pay more than $500 million in aggregate to the Settlement Class Members. If the total value of claims exceeds the $500 million Ceiling, each approved claim (per eligible device) will be reduced on a pro rata basis. Additionally, under the proposed settlement, if the total value of approved claims submitted by Settlement Class Members does not exceed the $310 million Floor, the value of each approved claim (per eligible device) may be increased on a pro rata basis, up to a maximum of $500 per device.

Must file a claim by October 6, 2020.

Related: Read all news about lawsuits and settlements


Settlement Details


 

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