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Old Jul 1, 2004, 02:24 PM   #1
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System Specs

Microsoft to Pay Up to $241.4M Settlement

MINNEAPOLIS - Microsoft Corp. will pay up to $241.4 million to settle a class-action lawsuit brought by Minnesota computer users who claimed the software company overcharged them.

The settlement outlined in court for the first time on Thursday includes $174.5 million in computer equipment vouchers for consumers and caps attorneys fees at $59.4 million.

It also earmarks $2.5 million in cash for the Minnesota Legal Aid Society, and $2.5 million in cash and another $2.5 million in vouchers for the University of Minnesota's Institute of Technology.

The final attorney's fees will have to be approved by Hennepin County District Court Judge Bruce Peterson, who preliminarily approved the rest of the settlement on Thursday.

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Source: Yahoo News
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Old Jul 1, 2004, 03:50 PM   #2
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WOW.... this is interesting... its like a MS has become nothing more than a big piggy bank with all of the lawsuits... let me know when they come to Va with claims of overcharging...
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