• CFPB and FCC Bring “Cramming” Actions Against Sprint and Verizon: Actions Represent First CFPB Settlements To Address Unauthorized Charges on Telephone Bills and First Concurrent Enforcement Proceedings by the CFPB and FCC
  • May 28, 2015 | Authors: Darrell S. Cafasso; H. Rodgin Cohen; Mitchell S. Eitel; Robert J. Giuffra; Sharon L. Nelles
  • Law Firm: Sullivan & Cromwell LLP - New York Office
  • On May 12, 2015, the CFPB and the FCC (together, the “Agencies”) concurrently announced that Verizon Wireless (“Verizon”) and Sprint Corporation (“Sprint” and, together with Verizon, the “Companies”) have agreed to pay a combined $158 million to settle allegations that the Companies included millions of dollars in unauthorized charges on customers’ landline or wireless phone bills, a practice known as “cramming.”1