Microsoft California Class Action Settlement

R

retiredat44

Here is the info on the coksmoker who delayed our money!

http://www.tgdaily.com/2006/01/13/microsoft_appeal_dismissed/

http://www.tgdaily.com/2006/01/13/microsoft_appeal_dismissed/print.html

Original URL:
http://www.tgdaily.com/2006/01/13/microsoft_appeal_dismissed/

California court approves Microsoft class-action settlement
By Humphrey Cheung
Published Friday 13th January 2006 01:11 GMT


The California Court of Appeal for the First District has upheld a
class-action settlement against Microsoft. Plaintiffs in the suit
claimed that Microsoft used its tremendous market share to overcharge
customers for Windows. More than $1 billion in vouchers were awarded,
but a full third of the settlement went unclaimed.

The case was originally filed in February 1999 and plaintiffs claimed
that Microsoft overcharge buyers of the Windows 95 and 98 operating
systems by as much as $40 a copy. Microsoft and the plaintiffs hashed
out a settlement that included vouchers for $5 to $29 dollars that
could be redeemed for software and hardware.

A third of the unclaimed voucher funds are to be returned to Microsoft,
while two-thirds will go to California schools. Charles Q. Jakob, one
of the plaintiffs in the case, objected to the settlement and wants the
unclaimed funds to be distributed to the plaintiffs. The court
disagreed and dismissed Jakob's challenge.
 
R

retiredat44

More from this coksmoker:

http://news.com.com/Challenge+to+big+Microsoft+settlement+dismissed/2100-1014_3-6026601.html

A California appeals court gave a nod earlier this week to a historic
$1.1 billion settlement in a case against Microsoft, dismissing a
challenge by a plaintiff in the class action case over the terms of the
deal.

The decision Monday by the California Court of Appeal for the First
District upheld a lower court ruling made in 2003.

The initial case centered on allegations that Microsoft overcharged
consumers for Windows. The lower court awarded plaintiffs more than $1
billion in vouchers to buy software or hardware products from any
manufacturer. The settlement called for vouchers valued from $5 to $29
to be distributed among those filing claims.

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Under the settlement terms, a third of voucher funds left unclaimed
would be returned to Microsoft while the remaining vouchers would go to
California schools.

However, one plaintiff in the case, Charles Q. Jakob, objected to that
provision and sought to have the unclaimed vouchers redistributed to
the plaintiffs in the case.

"I will analyze the court's decision and it's very likely I will pursue
this further," Jakob said Thursday.
 

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