Apple Will Pay Some iPad Owners Cash in Legal Settlement

Some iPad owners will soon be cashing checks from Apple. The Cupertino, Calif. company and AT&T settled a long-standing, class-action lawsuit on Friday, in which consumers sued them for ending unlimited data plans for iPads in 2010.

Those affected are set to collect settlements worth $40 in cash, plus data discounts. Any consumers who purchased an iPad 3G on or before June 7, 2010, can benefit from the settlement, according to court documents. Those who submit a claim will receive $40 cash from Apple. What's more, any iPad 3G owner who did not opt in to AT&T's data plan can now get a 5GB plan for the iPad 3G with a $20 monthly discount for up to one year Read more...