By Allen Tsai | Thu Aug 13, 2009 4:14 am |
Sprint has agreed to pay $17.5 million to settle a class-action lawsuit claiming its early termination fees are illegal.
The Overland Park, Kan.-based carrier said the bulk of the settlement, $14 million in cash, will go into a common fund to pay claims, while an additional $3.5 million will go to non-cash benefits to class members.The lawsuit, filed in federal court in New Jersey, claims Sprint overcharged early termination fees between July 1, 1999, and Dec. 31, 2008 -- amounting to $1.2 billion. Customers who can prove they were charged an early termination fee during that period are eligible to receive $90. Those that didn't cancel their contract, for fear of the fee, are entitled to $35. More details are available at the settlement website. Sprint has denied that the fees are illegal. Regardless, the company said it will switch to a pro-rated fee structure, charging customers who are closer to the end of their contracts less in termination fees than subscribers who opt out earlier. The settlement resolves all outstanding litigation regarding early termination fees except for a state court case pending in California. A hearing to finalize the settlement is scheduled for Oct. 21.
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Wed Feb 08, 2012 12:31 pm | By
Sprint gained customers last quarter but lost money from subsidizing iPhone sales, as its expensive gamble fell short of expectations.
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Thu Jan 19, 2012 11:09 am | By
LightSquared accused GPS makers and the government of rigging tests showing its network interferes with GPS signals, as the company's attempts to extend its service nationwide remain on hold.
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Wed Jan 18, 2012 1:32 pm | By
HTC and Sprint are working together to remove Carrier IQ from their mobile devices, a decision sparked by the software's ability to gather user information.
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Tue Jan 10, 2012 10:58 am | By
Sprint announced its first three LTE devices, including its own version of the Samsung Galaxy Nexus, as the company works to expand its LTE network capabilities.
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Fri Jan 06, 2012 3:55 pm | By
Sprint is throttling its heaviest data users, putting a damper on the carrier's claims of truly unlimited data.
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