T-Mobile Could Pay $11.5 Million as Potential ETF Settlement
A class action against wireless giant T-Mobile over early termination fees (ETF) could be settled soon, as the company has agreed to a preliminary settlement of $11.5 million. If approved, this would translate to roughly $125 per class member in non-cash items, specifically extra minutes or a pro-rated ETF.
The suit, which represents subscribers who were charged a flat-rate ETF between July 23, 1999 and February 19, 2009, was field in New Jersey, and alleges that T-Mobile violated state and federal laws by charging a flat rate ETF.
MAY-14-09: T-Mobile faces $11.5M settlement in ETF class action
[FIERCE WIRELESS: T-MOBILE FACES $11.5 MILLION SETTLEMENT]
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