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 that 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 will pay costs and fees related to the claims. And the company has agreed to abide by the same "injunctive relief&… Read more