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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| AT&T Inc | NYSE:T | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.045 | 0.26% | 17.125 | 17.20 | 17.00 | 17.03 | 10,719,401 | 18:16:28 |
From May 2022 to May 2024
By Will Feuer
The Federal Trade Commission said it has opened a claims process for eligible former AT&T Inc. customers who haven't claimed a refund related to the company's 2019 settlement with the FTC to resolve allegations of misleading consumers about certain data plans.
In 2019, AT&T agreed to pay $60 million to settle the FTC's allegations that the wireless provider reduced customers' data speeds while charging them for unlimited data plans.
The money was deposited into a fund that the company used to provide partial refunds to current and former customers who were affected.
However, the company hasn't been able to reach everyone who was eligible for a refund, the FTC said Thursday. The FTC said $7 million remains in the fund and the agency will use that money to provide partial refunds to eligible consumers, who can submit claims on the FTC's website.
Write to Will Feuer at Will.Feuer@wsj.com
(END) Dow Jones Newswires
January 19, 2023 11:39 ET (16:39 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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