iPod class action suit reaches a proposed settlement For all your iPodders out there who have been plagued by the can-barely-hold-a-charge battery bug, there maybe finally be some good to come from your pain. The class action suit brought against Apple by customer who have claimed the iPod's battery capabilites did not live up to what Apple claimed have reached a proposed settlement.

Under the terms of the proposed settlement, class members who purchased or obtained a new third-generation iPod would be eligible for a one-year limited warranty extension on that iPod to cover battery failures. If the iPod experiences or has experienced battery failure during the one-year extension period, consumers who submit a valid claim have the option of returning the iPod to Apple for a replacement or receiving a Apple Store credit in the amount of $50.00.

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