Windows Phone Thoughts: Verizon Pays Up For Early Termination Fee Suit

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Friday, July 2, 2010

Verizon Pays Up For Early Termination Fee Suit

Posted by Ed Hansberry in "Windows Phone News" @ 04:00 PM

http://online.wsj.com/article/BT-CO...630-710528.html

"A California appeals court upheld a $21 million refund that Verizon Wireless will have to pay to some of its customers as a result of a settlement of a class-action lawsuit over its early termination fees, according to the lawyer representing the plaintiffs."

It looks like Verizon will be paying out over $15 million dollars to 175,000 former customers in the state of California, or about $87.50 per person. The appeals aren't finalized but should be in 60 days or so and then the checks will start flowing.


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