Verizon Wireless Pays $21M To Settle ETF Case
Jul 10, 2008
According to the Associated Press, Verizon Wireless has agreed to pay $21 million to settle a California lawsuit brought by a group of customers who were charged early termination fees to cancel their cellphone contracts.
The details are still being worked out, so it's unclear how many Verizon customers will be eligible for a cut of the settlement money. Similar suits are pending in California against Sprint and AT&T.
You might remember that not that long ago we pointed to another AP story about the Verizon Wireless' proposal to the Federal Communications Commission that called for prorating and capping early termination fees and offering mandatory grace periods for customer cancellations. Several wireless carriers, including Verizon Wireless, have taken steps on their own to implement these types of changes in hopes of avoiding regulatory and legal action.
Tags:
California, cellphone, early termination fee, FCC, Verizon
