admits no wrongdoing? so why a settlement?

Microsoft Agrees to a $1.1 Billion Settlement

The California lawsuits were the largest of their kind pending against Microsoft, although the company, which admitted no wrongdoing under the settlement, still faces smaller claims that it overcharged consumers in other states.

I know this is mealy-mouthed legal speak, but still it looks an awful lot like an admission of “wrongdoing” or guilt as we used to call it.