$310 Million Settlement Of IPhone Performance-Throttling Suit Gets Final OK

Mealey's (March 22, 2021, 1:20 PM EDT) -- SAN JOSE, Calif. — Ten months after a California federal judge preliminarily approved the settlement of a multidistrict litigation over Apple Inc.’s performance throttling of certain iPhone models, the judge on March 17 granted final approval of the agreement under which Apple will pay a minimum of $310 million to affected consumers, with the potential of a total award of $500 million....