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