Cellcom Israel Announces Dismissal of Purported Class Action Filed Against the Company

Loading...
Loading...
Cellcom Israel Ltd.
CEL
announced that a purported class action filed against the Company and two other cellular operators, in August 2011, without stating the amount claimed, in connection with charges alleged to be in violation of of their licenses, was dismissed with prejudice. The purported class action related to alleged charges that were based on units which are different than the units allegedly required by the defendants' licenses, for calls initiated or received by the subscribers while abroad.
See full press release
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGuidanceM&AGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...