Last year U.S. broadband giant Verizon faced yet another class action lawsuit for sleazy, misleading fees. This latest $100 million class action alleged that Verizon for years ripped off its custom…
from the ripping-people-off-is-fun,-creative-and-legal! dept
The class action settlement allows the corporate to release the litigation reserves…
Likely reavered 1 billion, paid out 10m, rest is is sweet clean profit!
Regulatory shit works the same way.
They want the action so they can close their books on the issue and recognize the income from the crime