Apple has agreed to settle a lawsuit regarding applications for its iOS devices that were aimed at children, the apps came with in app purchases, and parents were less than pleased about having large iTunes bills for in app purchases for the apps.
Apple has now agreed to settle the lawsuit, which could end costing them quite a bit, and they are offering to pay people a $5 iTunes credit to their account, and if the amount was more than $30 they will pay in cash.
The original lawsuit was filed back in 2011 by a number of parents who complained about the in app purchases being made in various free games without their knowledge.
Source GigaOM
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