iTunes gift card settlement

Like it or not, when a company issues a gift card they have to realize that they could potentially be around for a long time, especially now that the federal gift card laws require they don’t expire for at least 5 years.

That is the lesson Apple learned when it advertised 99 cent songs on some of its gift cards or their packaging and later increased the prices on some songs.

If you happened to be one of the customers that bought or received a 99 cent gift card, a class action settlement has been reached valued at $3.25 per customer.