Verizon Wireless and AT&T Mobility have agreed to pay a combined $116 million to settle a long-running lawsuit alleging the wireless carriers overcharged hundreds of California cities, schools and other government agencies.
“The conduct alleged by the whistleblower was shocking: that our country’s largest wireless carriers made promises to California government agencies to get their business but failed to provide the same cost-saving service many Fortune 500 companies receive,” said Wayne T. Lamprey of Constantine Cannon, in a statement.Verizon will pay $68 million and AT&T $48 million under the settlement terms.
Verizon spokesman Rich Young told the Associated Press that the carrier “settled these meritless claims to avoid a protracted legal battle.” Young said the California Attorney General’s Office decided not to sue after its own investigation of the government contracts in California and Nevada, so a whistleblower sued using a provision of the act that allows for such independent lawsuits on the state’s behalf.
They use that amount of money to buy executives lunch for about a week. They don't give a damn about such a paltry penalty.
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