Sprint Settlement Approved

U.S. District Judge John Lungstrom preliminarily approved a settlement of a class-action lawsuit alleging that Sprint Nextel of Reston overcharged customers in passing a long a federally mandated phone service subsidy. He has scheduled a final hearing on the $30 million settlment for March 3.
Under the deal, qualified customers would receive prepaid calling cards worth a total of $25 million, while attorneys would receive $4.99 million for fees and costs.

By Terri Rupar  |  September 13, 2007; 4:21 PM ET  | Category:  Telecommunications
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