Apple Settles in $95 Million Lawsuit Regarding Refurbished Devices

Apple has agreed to pay $95 million in a settlement in the hope to resolve a class-action lawsuit. The iPhone maker has been accused of violating the Magnuson–Moss Warranty Act plus additional U.S. laws by way of providing customers with refurbished replacement products. Pending court approval, the settlement hopes to rectify this.

According to court documents accessed by MacRumors, Apple reached a $95 million settlement on Friday of last week. The class-action lawsuit first accused Apple to have violated US laws. Within Apple’s Repair Terms and Conditions within the U.S., Apple “may use parts or products that are new or refurbished and equivalent to new in performance and reliability,” when repairing or otherwise servicing a customer’s device. The plaintiff of the case alleges that Apple’s policies violate the Magnuson–Moss Warranty Act.

The plaintiff believes that refurbished or “remanufactured” devices do not hold the same “”equivalent to new in performance and reliability”. Therefore, the plaintiff opened a class action lawsuit. All U.S. residents who has purchased an AppleCare Protection Plan or AppleCare+ since July 20, 2012 and recieved a refurbished device from Apple may be eligible to recieve a monetary payout.

If the court approves the settlement, the $95 will be split evenly amonst the class members based on the number of refurbished devices they recieved. Following the pay of attorneys and other deductible costs, it’s being reported that the class may recieve between $63.4 million and $68.1 million. Details on the matter will be available at ReplacementDeviceLawsuit.com. Class members will also be contacted directly through email or mail.