Comcast settles overcharging lawsuit, will fork over $50 million

Comcast will pay $50 million to settle an overcharging lawsuit, as the company suffers yet another public black eye.

Published Wed, Oct 29 2014 5:30 PM CDT   |   Updated Tue, Nov 3 2020 12:13 PM CST

Comcast will pay $50 million to end an 11-year-old class-action overcharging lawsuit that was filed by angry Philadelphia customers. The lawsuit was filed on December 8, 2003, and originally wanted $875 million from the cable giant.

Comcast settles overcharging lawsuit, will fork over $50 million | TweakTown.com

The payments, credits and free upgrades will be issued to subscribers in Philadelphia and four other local counties - and will help out current and former subscribers from January 1, 2003 to December 31, 2008, according to legal documents.

Plaintiffs will receive a measly $15 payout, as just $16.67 million will be paid out in cash or customer credit - including four months of free Internet service upgrades, six free pay-per-view movies two free months of The Movie Channel, or one free month upgrade to Extreme 105 service.

An experienced tech journalist and marketing specialist, Michael joins TweakTown looking to cover everything from consumer electronics to enterprise cloud technology. A former Staff Writer at DailyTech, Michael is now the West Coast News Editor and will contribute news stories on a daily basis. In addition to contributing here, Michael also runs his own tech blog, AlamedaTech.com, while he looks to remain busy in the tech world.

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