Microsoft has agreed to pay as much as $89 million to settle a class-action lawsuit in North Carolina that alleged the vendor overcharged for its software. Under the settlement, North Carolina residents who bought Microsoft Windows, Office or stand-alone Word or Excel products between Dec. 9, 1995, and Dec. 31, 2002, can apply for vouchers that may be used to buy desktop or notebook computers, software or select peripherals from any manufacturer, Microsoft said in a statement Thursday.
The maximum value of the vouchers issued will total about $89 million, Microsoft said. One-half of any unclaimed vouchers will be donated to North Carolina schools, the Redmond, Wash., vendor said. Last Tuesday, Microsoft announced settlements with several U.S. states. That announcement included North Carolina, but the settlement had not yet been approved. It received preliminary approval from the North Carolina Business Court last Thursday, Microsoft said.
News source: NetworkWorldFusion