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Coughlin Stoia Geller Rudman & Robbins LLP Announces Jury Finds That Sprint Overcharged...

Thu Jun 12, 2008 9:01pm EDT
Coughlin Stoia Geller Rudman & Robbins LLP Announces Jury Finds That Sprint Overcharged California Customers $74 Million in Early Termination Fees; Rejects Sprint's $1.2 Billion Damage Claim

SAN DIEGO--(Business Wire)--
Coughlin Stoia Geller Rudman & Robbins LLP today announced that an
Alameda county jury in Ayyad v. Sprint, rejected Sprint's contention
that it suffered over a billion dollars in actual damages as a result
of plaintiffs' early termination of their cell phone contracts. At the
trial it was uncontested that Sprint had charged the class $299
million in early termination fees and that the class paid $73,775,954
of those charges to Sprint. The jury found that Sprint suffered a
total of $225,697,433 in actual damages from the early terminations,
rejecting Sprint's claim that the terminations caused over a billion
dollars in damages to Sprint. The trial now moves to the next stage in
which the court will determine whether Sprint's early termination fee
provision was an illegal penalty under California law and thus the
class should be refunded $74 million in illegal fees.

Coughlin Stoia Geller Rudman & Robbins LLP
Jeffrey W. Lawrence, Jacqueline E. Mottek or Aelish Baig
800-449-4900

Copyright Business Wire 2008



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