Verizon Settles Suit by Early Termination Fees
Verizon Wireless has agreed to pay $21 million to settle a lawsuit filed by California customers upset with the company’s early termination fees, a lawyer on the case said Wednesday.
Many details of the settlement still need to be worked out and authorized by an Alameda County Superior Court judge, said Alan Plutzik, an attorney for the customers.
“We are recovering cash” that would “be available” to Verizon mobile phone customers who paid fees to end their contracts early, Plutzik said.
Plutzik said its unclear how many Verizon customers will be eligible to share in the settlement, a decision that will ultimately be up to the judge. A spokesman for Verizon Communications Inc. could not be reached for comment late Wednesday.
Telecommunications companies charge early termination fees that can range from $150 to $225 when customers cancel their service contracts before they expire.
Wireless companies have said they must charge the fees to […]
Orginal post by Top Tech News
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