Apple, Nike settle lawsuit over FuelBand inaccuracies

Apple and Nike have settled a class-action lawsuit alleging the FuelBand fitness tracker inaccurately tracked workout data like calories burned and steps taken.

Nike will pay out up to $2.4 million to people who purchased its FuelBand wearable between Jan. 19, 2012 and June 17, 2015. Eligible customers must file a claim by Jan. 4, 2016 and can receive either a $15 check or a $25 Nike gift card, according to a settlement details posted online.

Apple won't have to make any payments. The...

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