Apple has settled a lawsuit brought in 2011 after children ran up hundreds of dollars in spending on in-app purchases in freemium games. The company will give iTunes credits to parents who claim their minor bought in-app items without permission and the option of cash refunds for claims over $30. Reports GigaOm:The proposed settlement comes after parents sued Apple in 2011 upon discovering that their minor children had racked up credit card charges in supposedly free games. The issue was the subject of a Daily Show feature about a father whose kids racked up hundreds of dollars
