Apple has agreed to settle a class action lawsuit over freemium apps aimed at children—titles that could be downloaded for free, but offered in-app game purchases. As originally reported by Law360 (subscription link), Apple will offer a $5 iTunes credit for claims that a minor bought in-game items without knowledge or permission.
If the in-game items cost more than $5, Apple will offer a matching iTunes credit, and if the charges exceeded $30, the user can claim a cash refund.
A group of parents first sued Apple in 2011 over the “bait apps” in question.
An email notice will be sent to more than 23 million iTunes account holders “who made a ‘Game Currency’ purchase in one or more apps.” The settlement must receive preliminary approval from a federal judge before Apple can start accepting claims. [via GigaOM].