November 6, 2008
Sprint Nextel Facing $1.2 Billion Lawsuit
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.
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