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Verizon Wireless To Issue $90 Million In Refunds

Posted by samzenpus on from the have-some-cash dept.

tekgoblin writes "Verizon Wireless had somehow been charging customers extra money on their bills for data that they actually hadn't been using. Approximately 15 million customers were affected by the billing error. According to BGR the FCC had been pressuring Verizon to respond to the hundreds of complaints that had been piling up. So Verizon's answer was to refund all of the overcharged money as soon as possible."

1 of 184 comments (clear)

  1. Re:It doesn't take much delusion... by mea37 · · Score: 0, Troll

    Wow. You're anti-corporate but can't do better than that old crutch of an argument?

    First of all, "ethical" and "moral" are not interchangable as you seem to think they are. Fortunately it doesn't matter, because neither moral nor ethical requirements (nor legal ones, for that matter) are overridden by an executives fiduciary duty to the shareholders. The only people who think it is are those who want an excuse to hate executives and assume that everything they do is illegal.

    Want to prove me wrong? Buy some shares in any major corporation of your choosing, and try to initiate a shareholder lawsuit alleging that the company could've stolen more money for your benefit. Let us know how that works out for you.