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Apple will offer $5 credits for parents victimized by “bait apps”

Parents whose kids blew their money buying virtual goods in “free” apps from Apple’s iPad store will be getting refunds in the near future, Ars Technica reports. That is, if a judge approves a settlement recently filed in a class-action lawsuit. Even if it’s approved, the payments won’t actually happen until about 2014, according to GigaOm report on the settlement [PDF] earlier today. The settlement allows for a credit or refund for any adult user who had a minor buy “game currency” (virtual goods) via the adult’s account without permission…

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