'early termination fees'

Verizon loses class action ETF appeal, will pay $21 million settlement

By: |Jul 2nd, 2010 at 12:59PM
Filed Under: Legal, News, Verizon
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A California appeals court has ruled that Verizon Wireless is to pay some 175,000 customers current and former customers $21 million as a settlement in a class action lawsuit over early termination fees. The class action suit was filed in California on the behalf of customers who were upset that Verizon asked they pay a flat ETF of $175 regardless of how many months were left on their contract. Each customer is expected to receive $87.50 as a result of the ruling. Too bad history is bound to repeat itself now...

FCC unsatisfied and troubled by Verizon Wireless’ response regarding its ETF and $1.99 phantom data fee

By: |Dec 25th, 2009 at 09:31AM
Filed Under: News, Verizon
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In a scathing one page response, FCC Commissioner Mignon Clyburn cut Verizon Wireless to its knees by saying the answers the wireless carrier provided in response to the FCC’s investigation were “unsatisfying and, in some cases, troubling.” The commissioner chided Verizon for the fluctuating rationale behind its early termination fee, which has been expanded to include not only the cost of the device itself but operating and retail costs as well. She pointed out that high voice and data cost...