Verizon sued over ETF’s

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1. anonymous @ 30 January, 2008 01:02:48 PM

Why does it suck? It looks like their past misdeeds are finally catching up with them.

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2. anonymous @ 30 January, 2008 02:30:49 PM

#2?

past misdeeds? all cel companys charge ETFs. There is nothing illegal about them, you agree to them in the contracts. Verizon however was the first cell company to pro rate your ETF so it shrank over time. doesnt seem so evil to me.

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3. Timmi @ 30 January, 2008 03:31:45 PM

Market Manager, VZW

#2: shh... YOU signed the contract, if you don't read what you sign... that's your own stupidity. #3 & #4... thanks! :)

just saying that 'this one, is gunna suck...' because it will. we may be America's Most Reliable Network... now, with OVER 63 million customers IN the Network. but a billion dollars, IS well... a billion dollars!
:)

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4. VZW CSR @ 30 January, 2008 04:09:25 PM

Here come the calls

I cannot WAIT to get these calls....

Besides, I certainly would like to know what was so 'illegal' about these early termination fees. You know, the people knowingly agree to when they get that $500 phone for free!

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5. LordObento @ 30 January, 2008 04:22:54 PM

70 Million customers in suit, divide $1 Billion with that and you get about $15 a person minus the lawyer fee and what the actual settlement will be. In all actuality, when they figure out who is eligible, they will probably get a free $10 Accessory to settle

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6. anonymous @ 30 January, 2008 04:55:26 PM

#6

im with you #6, i too am a CSR for VZW. I cant wait till this hits the media and we have a service circus over nothing. there is nothing illegal about ETFs. All other companys will be sued in suite if this succeeds. we give mega discounts on phones in exchange for those contracts. its a win win situation.. all companys do it. otherwise, you can pay 300 for chocolates and 500-700 for a pda

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7. anonymous @ 30 January, 2008 04:56:36 PM

or 1300 for an iphone! want one now?!

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8. davidmcguire @ 30 January, 2008 08:03:19 PM

Illegal ETFs?

Most wireless customers shop for a wireless plan, get a new phone, and sign a contract. Usually, it is a two-year contract that explicitly states that if you drop your plan before your contract has been fulfilled, you will be charged an early termination fee. The reason that people get charged the fee is simple: they failed to fulfill their contractual obligations. That is hardly the definition of being victimized by an "illegal ETF."

If, on the other hand, your wireless carrier did not fulfill its obligations to you as a customer, that's a whole different ball game. But if you left your carrier early, and you expect the government to bail you out because you wanted a different phone with a different carrier, then you have NOT fulfilled your contract. You need to know what you are agreeing to before you sign a contract.

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9. Jim @ 30 January, 2008 08:23:57 PM

So, why did they file to Verizon Wireless. I have At&T, and my wife has Sprint. They have ETF's and higher than Verizon. This makes no sense is this guy smoking crack with the attorney. Are we the tax payers going to pay for this court case, I hope a Judge throws it out. We did sign a contract when we left with our phones

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10. anonymous @ 31 January, 2008 11:17:21 AM

so call illegal reason I read

SO if I understand the article I read the start of this was because Verizon supposedly didn't tell people that the ETF is charged per line not per account. It’s stupid if you ask me because EVERY company charges an ETF per line your signing a contract for each phone so that being why it’s charged PER line. I just wish people would take the time to read what your signing, may be long but wouldn’t you like to know what your being tied to. I personally have skimmed through it but I know that big points, Two years leave early we charge ya for breaking the contract. Just like any other contract with any other company, gym or car loan, other cell phones, or movie clubs. They all have a fee. These are just people trying to get out of paying for breaking the contract. Get over it!
Take responsibility of your actions and read between the lines instead of just putting your signature down and realize if you don’t keep your end of the deal you’ll get charged.

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