Penguin settles state e-book pricing suits for $75M
The settlement would resolve claims filed by 33 state attorneys general against Penguin, as well as class-action lawsuits filed by consumers who alleged the company's behavior violated unfair competition laws and caused consumers to overpay for e-books.
Along with the $75 million in damages, Penguin also agreed to pay costs and fees related to the claims and abide by the same "injunctive relief" as in its … Read more