Tuesday, July 15, 2008
Verizon Opens Wallet to Settle Raft of Early Termination Lawsuits
Verizon Wireless has agreed to a $21 million payout to settle lawsuits alleging that the wireless carrier's early termination fees were too high and unfair to consumers. While Verizon has not admitted any wrongdoing in the case, the multi-million dollar settlement covers not only a California-based class action lawsuit but a variety of cases pending across the country as well.
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