Judge approves Microsoft class-action settlement

InfoWorld | at | by Mike

A judge in Iowa's Polk Country District Court granted preliminary approval on Wednesday to a settlement in one of the last class-action lawsuits faced by Microsoft in the wake of the antitrust case brought by the U.S. government in the 1990s.

The agreement dismisses antitrust and damage claims that had been raised in the Iowa case, which could have amounted to $1 billion or more, according to Microsoft.

"This case concerned issues that have long since been resolved, and we're very pleased to put this chapter behind us and to focus on the future," said Rich Wallis, associate general counsel for Microsoft, in a statement.