TN residents get $2.8M in refunds due to e-book lawsuit - Action News 5 - Memphis, Tennessee

TN residents get $2.8M in refunds due to e-book lawsuit

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This is a result of the resolution of an e-book price-fixing lawsuit brought by the Tennessee attorney general and attorney generals from 32 other states. This is a result of the resolution of an e-book price-fixing lawsuit brought by the Tennessee attorney general and attorney generals from 32 other states.

(WMC-TV) – Tennessee residents who bought e-books from April 1, 2010 through May 21, 2012 will receive account credits or checks beginning Tuesday, March 25.

This is a result of the resolution of an e-book price-fixing lawsuit brought by the Tennessee attorney general and attorney generals from 32 other states.

"My office is happy that Tennesseans will receive this compensation soon," Attorney General Cooper said. "Unfortunately, it took approximately three years to prove consumers paid millions of dollars more than they should have because these companies conspired to artificially raise the price of e-books."

The lawsuit against Apple, Inc., Hachette Book Group Inc., HarperCollins Publishers LLC, Simon & Schuster Inc., Holtzbrinck Publishers, LLC, d/b/a Macmillan, and Penguin Group (USA) Inc. called for a $166 million nationwide payment, with Tennessee's share being about $2.8 million.

It's not been determined how many people in Tenn. will get payments. The amount they receive is based on the number of eligible e-books they bought.

The method of payment, either by a check or an account credit, depends on which retailer they used to purchase e-books.

If you bought e-book during this time and think you're eligible for payments visit www.ebookagsettlements.com to get more information.

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