Message-ID: <20220410214650.21D1F766@telecom2018.csail.mit.edu>
Date: Sun, 10 Apr 2022 21:46:50 +0000 (UTC)
From: Bill Horne <malQRMassimilation@gmail.com>
Subject: AT&T Breaches Duty Of Loyalty In Freeze-Out Of Minority
Partners And Is Hit With Millions In Damages
by Matt Albaugh , Jason Asmus , Julie Crocker , William Doyle and Chris Brown
Earlier this week, the Delaware Court of Chancery ruled that AT&T
breached its duty of loyalty by engaging in an unfair and
self-interested transaction as part of a minority-partner freeze-out.
In In re Cellular Telephone Partnership Litigation,
(C.A. No. 6885-VCL) (Del. Ch. March 9, 2022), Vice Chancellor Laster
issued a detailed, 134-page opinion following a five-day trial last
year. The decision was a bellwether for 12 other similar freeze-out
transactions that AT&T performed around the country.
AT&T's partnerships originated in the 1980s as part of the Federal
Communications Commission's (FCC) lottery system for awarding cellular
telephone networks in various geographic areas. At the time, lottery
participants would commonly enter into arrangements similar to an
office pool - if one of the pool participants won the FCC's lottery,
the winner received a 50.01% partnership interest and the others
received shares of the remaining 49.99% interest. A pool participant
for the Salem, Ore. area won and promptly sold its controlling
partnership interest to AT&T.
https://www.mondaq.com/unitedstates/trials-appeals-compensation/1172172/att-breaches-duty-of-loyalty-in-freeze-out-of-minority-partners-and-hit-with-millions-in-damages
--
(Remove QRM from my email address to write to me directly)
Message-ID: <20220410214132.C2363766@telecom2018.csail.mit.edu>
Date: Sun, 10 Apr 2022 21:41:32 +0000 (UTC)
From: Sean Murphy <murphy.s@remove-this.telecomdigest.net>
Subject: AT&T to pay $60M fine for 'unlimited' data throttling
policy
By Bevin Fletcher
After reaching terms of a settlement this summer, the Federal Trade
Commission disclosed on Tuesday that AT&T will pay $60 million for
misleading millions of customers by obscuring its throttling practices
while charging them for so-called "unlimited" data plans.
AT&T approved final terms of the settlement back in August, but the
carrier's penalty was only revealed yesterday, after the FTC voted to
approve the stipulated final order, which still needs the signature of
a District Court judge in California.
The FTC in 2014 accused AT&T of promising consumers unlimited data but
failing to make clear that speeds would be reduced, sometimes after
customers had only used as little as 2GB of data. The practice started
back in 2011, and according to the FTC affected more than 3.5 million
customers.
https://www.fiercewireless.com/regulatory/at-t-settles-ftc-unlimited-data-throttling-lawsuit-for-60m
Message-ID: <20220410212911.3D746766@telecom2018.csail.mit.edu>
Date: Sun, 10 Apr 2022 21:29:11 +0000 (UTC)
From: Sean Murphy <murphy.s@remove-this.telecomdigest.net>
Subject: AT&T to pay $1.5M to settle D.C. lawsuit for overcharging
on mobile service
AT&T agreed to pay $1.5 million to settle a lawsuit brought by D.C.'s
Office of the Attorney General (OAG) related to overcharging the
District and government entities for wireless voice and data services.
The D.C. OAG filed a complaint in February, alleging that AT&T
knowingly charged for features, add-ons and other services that
D.C. didn't need and failed to comply with contract requirements to
provide the most cost-effective and lowest price plans available.
AT&T denied the accusations but said it decided to settle the case.
https://www.fiercewireless.com/operators/at-t-to-pay-1-5m-to-settle-d-c-lawsuit-for-overcharging-mobile-service
