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AT&T And Lucent Making Waves
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- Posted 10:33 AM By CCMC
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Lucent Technologies and AT&T will pay close to $300 million to settle a 1996 class-action lawsuit accusing the companies of misleading actions over telephone leases. The settlement also includes pre-paid calling cards, which are being donated to charities.
After the 1984 breakup of AT&T into smaller local telephone companies, custumers had the option of leasing lines or getting new ones. This is about how they were misleading when it came to the leases and charges for them.
Source: BayArea.com
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