November 6, 2008

Sprint Nextel Facing $1.2 Billion Lawsuit

sprintnextel.jpg Sprint Nextel is facing a class-action lawsuit over its early termination fees, which potentially could cost the company as much as US$1.2 billion.

The lawsuit alleges that the US$150-$200 fees violated the Federal Communications Act and laws in every state of the country, and says the fees between 1999-2008 amount to around US$1.2 billion.

Full article in Cellular News.

emily | 9:42 AM | News, Buzz | Add this this entry to your del.icio.us bookmarks. Digg This Technorati search results for this Entry
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