Federal judge in Philly OKs $50 million Comcast settlement
A federal judge in Philadelphia has approved a $50 million class-action settlement between cable TV giant Comcast and its customers.
KYW-TV reports the settlement was reached last year but only now been signed off on by the judge.
Comcast customers sued in 2003, claiming Comcast and other cable providers swapped customers in order to gain a monopoly that enabled Comcast to raise prices and limit viewer choices.
The plaintiffs sought $675 million in damages.
An appeals court ruling favored Comcast and limited the lawsuit to about 800,000 current and former customers in the Philadelphia region.
Comcast has denied wrongdoing, but says it’s pleased the court approved the settlement which will pay former customers $15 each. Current customers will get a $15 credit.
The plaintiffs’ lawyers are getting $15 million.
WHYY is your source for fact-based, in-depth journalism and information. As a nonprofit organization, we rely on financial support from readers like you. Please give today.
The center explores the biological basis of aesthetic experiences. It added an artist-in-residence position in 2019.
6 hours ago
Listen 5:55
After Kensington encampment shutdown, what’s next for Philly’s plan to address the addiction crisis?
City police and outreach workers continue to monitor the area of Kensington’s open-air drug market as harm reduction workers provide a bridge to support services.
7 hours ago
Mayor Parker’s budget leaves UC Townhomes agreement in limbo. Housing advocates aren’t happy
The Philadelphia Housing Authority is poised to build 70 units on the former site of the University City Townhomes. It needs funding from the city before that can happen.
8 hours ago
Listen 1:12