Hey, if you're a New Jersey AT&T subscriber and you paid a flat-rate ETF between January 1, 1998 and November 4, 2009, you've got a tiny bit of $18 million coming your way. That's the settlement amount AT&T's agreed to in this latest ETF class action -- as usual in these cases, it's far cheaper for AT&T to just throw out some cash than it is to fully litigate this thing, especially with the FCC breathing down its neck. Expect individual settlements to be relatively minor, while all the lawyers receive platinum underpants trimmed with only the finest jewels.
[Thanks, David]
