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Apple May Face A $500M Bill On E-Books

Law360, New York (July 24, 2013, 8:24 PM EDT) -- The state attorneys general and private plaintiffs suing Apple Inc. and five major publishers for fixing the price of e-books may be seeking nearly $500 million in damages from the iPad maker, according to court documents filed Tuesday, and experts say the plaintiffs are unlikely to cut Apple much slack after its recent trial loss.

The private plaintiffs and 33 states and territories bringing the case estimate their total damages from the alleged plot to be nearly $219 million, according to a chart the Texas attorney general's office provided to help the court assess the last two publisher settlements. Under the...

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