In a teleconference call with lawyers for Apple, the plaintiff states, and the consumer class, Judge Denise Cote “expressed concern” with the proposed settlement before her that would see Apple pay anywhere from nothing (if they win their appeal of Cote’s July 2013 ruling in favor of the Department of Justice) to $450 million (if Apple loses.) Reuters reports Judge Cote found the middle scenario, which would have Apple pay $70 million should the appeals court reverse her finding in part and send it back for further proceedings, “most troubling” and thought it “might be unfair to consumers by undervaluing their claims.” […]
