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Article first published as ITunes May Owe You Money on Technorati.

Wouldn’t it be great if ITunes gave you money instead of you forking over cash? If you purchased an ITunes 99 cent gift card to purchase songs for $1.29 on or before May 10, 2010, you might be looking at some extra cash. A class action lawsuit brought by the law firm of Onder, Shelton, O’Leary & Peterson LLC on behalf of ITunes customers who purchased a gift card advertising 99 cent music are eligible to receive a one-time ITunes store credit. The credit in the amount of $3.25 will be given to all eligible customers who have completed an ITunes Class Action Lawsuit Online Form.

Although the firm is in the process of emailing potential class members, you don’t need to wait to receive the email in order to claim your part of this class action settlement. A class action settlement is a lawsuit brought by one or more plaintiffs on behalf of all those persons who are similarly situated. In this case, the plaintiff alleged that the gift card, which stated that if one purchased and used the gift card, a person would be able to purchase songs at the ITunes Store for 99 cents each.

The lawsuit contended that in April 2009, Apple raised the prices of certain songs to $1.29 and refused to honor the 99 cent gift cards.

Unlike most other lawsuits, there is no minimum age for claimants in this litigation since it is believed that most of the users and purchasers of the ITunes cards in question were children, teenagers or college students, who might otherwise be ineligible to make a legal claim.

If you would like more information on the background of the litigation please visit the law firm’s news release.

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