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Report: Apple Reaches Settlement Terms on Gift Card Scam Lawsuit
AppleApple(US:AAPL) PYMNTS·2024-01-04 08:50

Apple has reportedly agreed to settle a lawsuit that accused the company of allowing scammers to exploit its gift cards and retaining stolen funds.The settlement was reached after Apple and the plaintiffs agreed on material settlement terms with the assistance of a mediator, and it will now be presented to U.S. District Judge Edward Davila for preliminary approval, Reuters reported Wednesday (Jan. 3).Apple did not immediately reply to PYMNTS’ request for comment.The lawsuit alleged that scammers would conta ...