CenturyLink is a telecommunications company that provides internet, television, and phone services to customers in the United States. In 2022, CenturyLink was involved in a number of lawsuits, including a class action lawsuit alleging that the company misled consumers about the price of its services and a securities class action lawsuit alleging that the company made false and misleading statements to investors.
Class Action Lawsuit
The class action lawsuit against CenturyLink was filed in the Minnesota Attorney General’s Office in May 2022. The lawsuit alleged that CenturyLink misrepresented the price of its internet and television services by promising one price but charging a higher price instead. The lawsuit also alleged that CenturyLink engaged in deceptive advertising and unfair trade practices.
In August 2022, CenturyLink reached a $12 million settlement with the Minnesota Attorney General’s Office. Under the terms of the settlement, CenturyLink agreed to change the way it does business in Minnesota by honestly disclosing its prices. The company also agreed to pay money that can be used to compensate consumers who were charged more than they were promised.
Securities Class Action Lawsuit
The securities class action lawsuit against CenturyLink was filed in the United States District Court for the District of Colorado in March 2022. The lawsuit alleged that CenturyLink made false and misleading statements to investors about the company’s financial performance and its ability to integrate Level 3 Communications, a company that CenturyLink acquired in 2017.
The lawsuit is still ongoing. A trial date has not yet been set.
What to Do if You Were Affected by the CenturyLink Lawsuit
If you were affected by the CenturyLink class action lawsuit, you may be eligible to receive a refund. You can submit a claim by clicking the Submit Claim button on the Minnesota Attorney General’s website.
If you were affected by the CenturyLink securities class action lawsuit, you may be eligible to participate in the lawsuit. You can contact the law firms listed on the CenturyLink Securities Litigation website for more information.
FAQs
Q: What is the deadline to file a claim for the CenturyLink class action lawsuit?
A: The deadline to file a claim for the CenturyLink class action lawsuit is December 16, 2022.
Q: How do I know if I am eligible to participate in the CenturyLink securities class action lawsuit?
A: If you purchased CenturyLink securities between March 2017 and August 2017, you may be eligible to participate in the CenturyLink securities class action lawsuit. You can contact the law firms listed on the CenturyLink Securities Litigation website for more information.
Q: What should I do if I have questions about the CenturyLink lawsuits?
A: If you have questions about the CenturyLink lawsuits, you should contact the Minnesota Attorney General’s Office or the law firms listed on the CenturyLink Securities Litigation website.
Q: What are the potential outcomes of the CenturyLink lawsuits?
A: The potential outcomes of the CenturyLink lawsuits vary depending on the specific lawsuit. In the class action lawsuit, CenturyLink agreed to change the way it does business in Minnesota and to pay money to compensate consumers who were charged more than they were promised. In the securities class action lawsuit, the plaintiffs are seeking damages from CenturyLink for the losses they incurred as a result of the company’s alleged misconduct.
Q: How long will the CenturyLink lawsuits take to resolve?
A: The length of time it takes to resolve the CenturyLink lawsuits will depend on a number of factors, including the complexity of the lawsuits and the willingness of the parties to settle. The class action lawsuit has already been resolved, but the securities class action lawsuit is still ongoing.
Q: What can I do to protect myself from future scams?
A: There are a number of things you can do to protect yourself from future scams. You should be wary of any investment that promises high returns with little risk. You should also do your research on any investment before you invest your money. You can check with the Securities and Exchange Commission to see if the investment is registered and to find out more information about the company offering the investment.
Conclusion
The CenturyLink lawsuits are a reminder that investors and consumers need to be vigilant in protecting themselves from fraud. If you have any questions or concerns about the CenturyLink lawsuits, you should contact the Minnesota Attorney General’s Office or the law firms listed on the CenturyLink Securities Litigation website.
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