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Apple agrees to pay LA school district $4.2 million over canceled iPad project

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The Los Angeles Unified School District has reached a tentative settlement agreement with Apple over the failed plan to put iPads in the hands of every student and teacher in the district. Under the proposed settlement, Apple will pay $4.2 million to the district, according to the L.A. Times (http://tinyurl.com/owzoljv).

In August the L.A. Unified/Apple deal was canceled amid allegations that Superintendent John Deasy and former Deputy Superintendent Jamie Aquino had inappropriately close ties to Apple. Under the initial contract, Apple was to provide iPads with Pearson as the subcontractor. The federal Securities and Exchange Commission (SEC) opened an informal inquiry into whether Los Angeles school officials complied with legal guidelines in the use of bond funds for the now-abandoned $1.3-billion iPads project.

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