Preliminary Settlement Approval Makes Up to $179 Million in Benefits Available for Iowa Microsoft Pu

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  1. Jason

    Jason

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    DES MOINES, Iowa, May 23 /PRNewswire-USNewswire/ -- A Polk County

    District Court has granted preliminary approval to a $179.95 million

    settlement reached on behalf of persons and entities that purchased certain

    Microsoft software, or a computer on which Microsoft products were

    installed for use in Iowa. Plaintiffs filed this class action lawsuit in

    the Iowa District for Polk County As Joe Comes, et al v. Microsoft

    Corporation, No. CL82311.

    Microsoft has agreed to provide benefits totaling more than $179

    million to the class. Class Members are entitled to receive $16 for each

    copy of Windows or MS-DOS; $25 for each copy of Microsoft Excel; $29 for

    each copy of Microsoft Office; and $10 for each copy of Microsoft Word,

    Works and Home Essential software. Payment will be in the form of cash or

    vouchers that can be used towards the purchase of computers, peripheral

    computer hardware, and software from any manufacturer, not just Microsoft.

    Half of any funds that are not claimed will be provided as vouchers for

    hardware, software and technology services to Iowa public schools. One

    hundred percent of the volume license vouchers claimed but not redeemed

    will also be provided to Iowa public schools.

    "While Microsoft believes it has sold its products at fair and

    reasonable prices that give customers great value, we are pleased to be

    providing significant long-term benefits to rural and disadvantaged Iowa

    schools as part of this settlement," said Rich Wallis, associate general

    counsel for Microsoft.

    The class includes all individuals and businesses that purchased a

    license for Microsoft software for use in Iowa from someone other than

    Microsoft between May 18, 1994, and June 30, 2006. The class also includes

    all Iowa state and local governments that purchased a license for Microsoft

    software for use in Iowa from someone other than Microsoft between July 1,

    2002 and June 30, 2006.

    "We have worked to make the claims process as simple as possible so

    that class members can get their cash or vouchers quickly and without

    difficulty," explained Roxanne Conlin, co-lead counsel for the class. "Many

    class members will be able to file their claims online at

    http://www.IowaMicrosoftCase.com and many claims will not require proof of

    purchase."

    Plaintiffs claim that Microsoft violated Iowa antitrust laws. Because

    of this, the lawsuit claims that consumers and businesses paid more for

    Microsoft Software. Microsoft denies the claims and says it developed and

    sold high quality software products at fair and reasonable prices.

    For more information regarding the Class Action Settlement and the

    Legal Rights of Class Members, including how to make a claim and to make a

    claim online, visit http://www.IowaMicrosoftCase.com.
     
    Jason, May 25, 2007
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