Sunday, July 4, 2010

Verizon Loses ETF Class Action Lawsuit, Ordered To Pay $21 Million

Verizon Loses ETF Class Action Lawsuit


Congratulations Verizon, you're the latest wireless provider to lose a class-action early termination fee-related lawsuit! It's a dispute that's been circulating in courts since 2008, and while the settlement was agreed upon quickly, there were a few lingering appeals that have taken this long to get cleared up -- and not in VZW's favor. The issue at hand was the company's $175 flat early termination fees, behavior that has proven legally naughty again and again when the same fee is levied regardless of whether you were one month or 20 months into your contract.
Click Here More Full Article : Engadget

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