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Verizon Pays $21 Million to Settle ETF Class Actions
10
Jul
2008
Verizon has settled class action suits regarding Early Termination Fees to the tune of $21 million dollars to pay off plaintiffs and attorney's fees.
The settlement comes after the start of a trial last week in California. Verizon has not admitted to any wrong doing.
News reports say that Verizon spokesman, Jim Gerace said, " "This suit was a distraction. This was a quick way to resolve it."
Read more
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Posted by
Lynn Walford
on July 10, 2008
Filed in
Wireless and the Law
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