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Internet Gold
Internet Gold - Golden Lines Ltd, Announces That it has Been Notified of a Proposed Class Action Lawsuit
December 14th, 2008
Internet Gold - Golden Lines Ltd (NASDAQ Global Market and TASE: IGLD). The Company announced that on November 24, 2008 it was served with a purported class action lawsuit alleging that it charged its broadband services subscribers in excess of the tariffs set in its internet services agreements during the approximate period of 2005 to 2007. The purported class action lawsuit was filed in the District Court of Tel-Aviv. The Company has not had an opportunity to review the claim with its counsel and is unable to provide any comments at this time. In connection with the Company's internal restructuring in 2006, it transferred its...
Source: Pharma Investments, Ventures & Law Weekly (2008-12-14)
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