How long before these stupid class actions blow over? If a company overcharges for something, it's the consumer's fault for being too stupid not to notice, give me a break.
July 21 (Reuters) - The chief executive of CenturyLink Inc said he disagrees with claims made by the Minnesota Attorney General of not cooperating with the investigation related to a lawsuit on overcharging for internet and cable services.
In an email sent to company employees on Thursday, Glen Post said he does not agree with the attorney general's claims of being "uncooperative" pertaining to the ongoing investigation. The email statement was seen by Reuters on Friday.
The lawsuit, filed earlier this month, alleges CenturyLink often refused to honor the lower prices customers had initially been given by sales agents, saying that they were misquoted or did not qualify for promotional discounts.
Please list the chances of this stock 1) Returning to $30 in 1 year. 2) Returning to $40 in 2 years. Thanks!
Is it fair to say, all the class action suits etc. have shaken everything they can, from the trees, and CTL is rebounded?
The scenarios are quite interesting at current levels for CTL. I started receiving notifications from AWE-some.Stock-s the other week and so far they have presented interesting new trade ideas.
CTL is the top LA based stock pick! Must be pretty slim pickins down there in Cajun country,
So do u all think the bottom came in at 22.33? Also if ctl's revenues are largely due to fraudulent customer relations practices and it is merging with a loser l3 that is not making money, then will ctl not be making money after the merger which will lead to pps declines and the div not being paid?
If CTL loses the very likely open and shut $12B class action law suit for ripping off its customers by charging more than what they were quoted will they have to file for protection from their creditors?
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I bought Ford, Gm, an century Link in early spring, all about the same time. Both Ford and Gm were down and now they are on the move north. It's really about patience and knowing people need high speed internet and automobiles. These companies are not going away.
Oversold on this news.. bounce coming.
Its about time this rip off company got held accountable for over charging their customers.
Is this a bargain yet? It can't be nearly as bad as Frontier right? Looking for a good income generating stock.
What are the chances this hits $40 again in 2 years after the lawsuits blow over? It's happened before.
No longer a falling knife? On the floor, ready for pick up?
Wells Fargo scandal breaks September 2016, over a period of two months price drops from high of $50.55 to $44.28 . Price today $55.00 which is approximately 10% higher than pre scandal price and 20% higher than post scandal low.
Corporate News Blog - US Court of Appeals Rules in Favor of CenturyLink in VoIP Call Dispute Case; Orders Sprint to Pay $13.7 Million.........Some good news.
Posters spreading 'fear' Shorts looking for a payday, just like those lawyers.
The management of QWEST L3 centurytel Savvis etc etc has been terrible every acquisition is mismanaged and is late to the game. They sold all cellular back in the day then got into data centers then out now cloud and global. They need to get their head straight and focus. This will be slow growth at best. This stock will stay stale only because it is a utility it won't go bankrupt. Th
CenturyLink needs to do a much better job at doing what it says. Get to it CenturyLink, straighten up and fly right.