AT&T settles New Jersey ETF case for $18m

[allaboutsymbian]

http://www.blogcdn.com/www.engadget.com/media/2010/01/01-26-10attlogo2.jpg (http://p.p0.com/YesConnect/HtmlMessagePreview?a=GB1dQeq4-xqJay3yFv1wR)Hey, if you're a New Jersey AT&T subscriber and you paid a flat-rate ETF between January 1, 1998 and November 4, 2009, you've got a tiny bit of $18 million coming your way. That's the settlement amount AT&T's agreed to in this latest ETF class action -- as usual in these cases, it's far cheaper for AT&T to just throw out some cash than it is to fully litigate this thing, especially with the FCC breathing down its neck (http://www.engadget.com/2010/01/26/fcc-expands-etf-inquiry-fires-off-letters-to-atandt-sprint-t-mo/). Expect individual settlements to be relatively minor, while all the lawyers receive platinum underpants trimmed with only the finest jewels.

[Thanks, David]Continue reading AT&T settles New Jersey ETF case for $18m (http://www.engadget.com/2010/01/26/atandt-settles-new-jersey-etf-case-for-18m/)
AT&T settles New Jersey ETF case for $18m (http://www.engadget.com/2010/01/26/atandt-settles-new-jersey-etf-case-for-18m/) originally appeared on Engadget (http://www.engadget.com) on Tue, 26 Jan 2010 16:13:00 EST. Please see our terms for use of feeds (http://www.weblogsinc.com/feed-terms/).


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