Microsoft has reached settlements in some state class-action lawsuits it has been defending, the company said Tuesday. Details about the settlements will be released later in the day, Microsoft said.
Ever since a federal judge ruled in April 2000 that Microsoft enjoyed a monopoly and violated antitrust laws, the world's largest software company has found itself fighting off a swarm of lawsuits. On Sept. 30, Microsoft said it would pay $10.5 million to settle one private antitrust lawsuit. In May, the company said it would pay AOL $750 million to resolve an antitrust complaint filed in 2002. In March, Microsoft paid $12.3 million in vouchers to settle class-action suits brought in Montana.
The most prominent settlement to date took place earlier this year, when a San Francisco judge gave preliminary approval to a $1.1 billion deal ending class-action suits filed in California.
View: Microsoft to Announce State Class Action Settlements, Provide Update on Legal Settlements
News source: news.com
-1 Comments - Add comment