---------------------------------------------------------------------- Message-ID: <20170627150754.GA5051@telecom.csail.mit.edu> Date: Tue, 27 Jun 2017 11:07:54 -0400 From: Bill Horne <bill@horneQRM.net> Subject: Centurylink sued for alleged fraud Lawsuit filed against CenturyLink for fraudulently added services By Holly Morrison DENVER - A class action lawsuit has been filed against CenturyLink in Colorado, according to [tv station] FOX31 Denver. FOX31 reported that Geragos and Geragos Law Firm filed the lawsuit against CenturyLink on Monday night. Lawyers [at] that firm are working with attorneys in Colorado [who are] from a couple of other firms. The lawsuit will be similar to the one filed in Arizona. It alleges that employees with CenturyLink fraudulently added services to customer accounts so that they could meet their sales goals. http://www.krdo.com/news/money/lawsuit-filed-against-centurylink-for-fraudulently-added-services/565274108 -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ Message-ID: <20170627151226.GA5083@telecom.csail.mit.edu> Date: Tue, 27 Jun 2017 11:12:26 -0400 From: Bill Horne <bill@horneQRM.net> Subject: Class-action lawsuit against CenturyLink filed in Colorado court DENVER -- The legal troubles for CenturyLink appear to be growing after lawyers with Geragos and Geragos Law Firm filed a class-action lawsuit against the company Monday. The attorneys have teamed up with lawyers in Colorado from the Shuman Law Firm and the Gardy and Notis Law Firm. http://kdvr.com/2017/06/26/class-action-lawsuit-against-centurylink-will-be-filed-in-colorado-court-as-early-as-monday-night/ -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ Message-ID: <20170627152322.GA5106@telecom.csail.mit.edu> Date: Tue, 27 Jun 2017 11:23:22 -0400 From: Bill Horne <bill@horneQRM.net> Subject: CenturyLink Is Not Wells Fargo CenturyLink Is Not Wells Fargo Summary * CenturyLink took a hit over the last couple of weeks due to lawsuits claiming similar sales practices to Wells Fargo. * The investment thesis for CenturyLink isn't based on a successful sales culture, questioning the impact to the stock unlike with Wells Fargo. * Closing of the Level 3 merger remains key to the investment thesis. Just as CenturyLink (CTL) was getting a lift from the announced CEO succession plan, the telecom got hit with multiple lawsuits. The suits charge a Wells Fargo (WFC) scheme hitting the stock by $3 in just over a week. The question investors need to ask is if such a culture similar to a financial is even possible. Is CenturyLink not an even bigger buy based on a succession plan that would only escalate on any real evidence of fraud in the sales department under the current long-term CEO? https://seekingalpha.com/article/4083852-centurylink-wells-fargo -- Bill Horne (Remove QRM from my email address to write to me directly) ------------------------------ Message-ID: <20170627153622.GA5307@telecom.csail.mit.edu> Date: Tue, 27 Jun 2017 11:36:22 -0400 From: Bill Horne <bill@horneQRM.net> Subject: Centurylink, Verizon, and Windstream chafe at 90-day copper retirement CenturyLink, Verizon and Windstream are once again engaged in a battle over the timelines for copper retirement set by the FCC at a time when new Chairman Ajit Pai is looking to reverse rules set in place by his predecessor Tom Wheeler. In its 2015 Technology Transitions Order, the FCC under Wheeler proposed giving competitive carriers and businesses six-month' notice, while residential customers get three months' notice before copper facilities are shut down. http://www.fiercetelecom.com/telecom/centurylink-verizon-and-windstream-battle-over-90-day-copper-retirement-period -- Bill Horne (Remove QRm from my email address to write to me directly) ------------------------------ ********************************************* End of telecom Digest Wed, 28 Jun 2017