Quote Originally Posted by Ars Technica
The attorneys general for 33 states and the District of Columbia have reached a $113 million settlement with Apple over allegations that the iPhone maker throttled performance in several generations of the device to conceal a design defect in the battery.

The states alleged that Apple throttled performance in aging iPhones without telling consumers it was doing it or why. That concealment violated states' consumer protection laws, the attorneys general argued.

The proposed settlement with the states (PDF) doesn't kick any money to consumers. The $113 million will instead be divided among the participating offices to support their consumer protection divisions and recoup the cost of litigation. Additionally, the settlement mostly requires Apple to be more transparent about its behavior, providing "clear and conspicuous information" to consumers about device performance management and battery health.
Apple settles with states for $113M over iPhone battery throttling | Ars Technica