Featured Articles

5th Generation Broadwell 14nm family comes in three lines

5th Generation Broadwell 14nm family comes in three lines

Intel's 5th Core processor family, codenamed Broadwell, will launch in three lines for the mobile segment. We are talking about upcoming…

More...
Broadwell Chromebooks coming in late Q1 2015

Broadwell Chromebooks coming in late Q1 2015

Google's Chromebook OS should be updating automatically every six weeks, but Intel doesn't come close with its hardware refresh schedule.

More...
New round of Nexus phone rumour kicks off

New round of Nexus phone rumour kicks off

Rumours involving upcoming Nexus devices are nothing uncommon, but this year there is a fair bit of confusion, especially on the…

More...
Nvidia officially launches the 8-inch Shield Tablet

Nvidia officially launches the 8-inch Shield Tablet

As expected and reported earlier, Nvidia has now officially announced its newest Shield device, the new 8-inch Shield Tablet. While the…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Friday, 07 September 2007 07:57

Microsoft to pay $180 million

Written by David Stellmack

Image

Attorneys get $75 million

 

A seven-year class action antitrust lawsuit that was filed on behalf of consumers in the State of Iowa has been settled by Microsoft Corporation for $180 million.

The jury ruled against Microsoft and agreed that it had used monopolistic actions to overcharge Iowa residents for its software programs, such as Windows and Office.  The consumers who participated in the class action suit will be eligible for refunds from US$16 per copy for Windows software claims and US$29 per copy for Microsoft Office claims. 

What has the citizens of Iowa in a huge upheaval, however, is that a huge amount of the settlement -- $75 million – will be paid to the attorneys and their firms who prosecuted the case against Microsoft.   The two attorneys who presented the majority of the case were awarded individual fees that calculate out to an hourly rate of about $1,072 per hour.

All of the attorneys, law clerks and other members of law firms who worked on the case against Microsoft claimed hours totaling more than 117,000 hours in preparing for and presenting the case, with the average hourly rate being paid to them at $640 per hour.  So, the average Iowan consumer will probably net less than $100, and the attorneys will walk away with the lion’s share of the settlement. The attorneys have argued that they took the risk and would have been out of pocket over $8 million if they had lost the case. 

Somehow, this just doesn’t sound like justice to us, especially in a consumer class action claim.

Last modified on Friday, 07 September 2007 09:44

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments