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Microsoft and New Mexico Plaintiffs Settle New Mexico Class Action Lawsuit | |
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| Time: 03:03 EST/08:03 GMT | News Source: Microsoft | Posted By: Robert Stein | ||
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The law firms of Hinkle, Hensley, Shanor, & Martin, L.L.P., Lerach, Coughlin, Stoia, & Robbins, L.L.P., and Freedman, Boyd, Daniels, & Hollander, L.L.P. counsel for a proposed class of New Mexico consumers, and Microsoft Corp. jointly announced today that a settlement has been reached in a class action lawsuit alleging that Microsoft Corp. violated New Mexicos antitrust and unfair competition laws. The settlement, which received preliminary approval on July 29, 2004 from the First Judicial District Court for the State of New Mexico, will make vouchers available to class members that may be used to buy any manufacturer's desktop, laptop and tablet computers; any software available for sale to the general public and used with those computer products; and specified peripheral devices for use with computers. The total amount of vouchers issued will depend on the number of class members who claim vouchers, and the maximum value of the vouchers that may be issued to class members will be $31.5 million. | ||
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