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AT&T, Inc. Message Board

  • autoven autoven May 4, 2005 8:49 AM Flag

    pay $340 million

    AT&T (T)has agreed to pay $340 million to a trust that holds the assets of ExciteAtHome to settle claims that AT&T stole trade secrets when it replaced AtHome's high-speed network with its own four year ago.


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    • ...And this just in:

      "This, of course, is only the bondholders' settlement, not the class action shareholders' lawsuit, but, as part of the settlement, the judge has ordered Comcast President Brian Roberts, Comcast Chairman C. Michael Armstrong, Liberty Media Chairman John Malone and Kleiner Perkins general partner William R. Hearst III, to be sentenced to three years of running a cell phone outlet store in a crowded downtown Baghdad bazarr, wearing only loin cloths and turbins emblazoned with, "We stole @Home's Big Pipe" and "Terrorists Suck", under a sign declaring - "Iraqi Army Recruiting Station in Rear - Welcome Sunnis - This week's special - Six months of free cable with 2 year enlistment."

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