Apple settles lawsuit over apps aimed at kids — will pay $5 iTunes credit or cash

Did your kid rack up charges on Apple’s app store without your permission? You may be in luck: the company says it will pay to settle a lawsuit over so-called “bait apps,” which are games that can be downloaded for free but then charge for “game currency” like virtual goods or play money. Under the terms of the settlement, Apple will offer a $5 iTunes credit to those who claim that a minor bought in-game items without their knowledge or permission. If the amount in question is more than $5, Apple will offer a credit for that amount. If the amount in question is over $30, an Apple user can claim a cash refund.