Wednesday, December 13, 2017

CenturyLink Denies Billing Fraud

CenturyLink, purveyor of the world's crappiest internet and television service announced today that a special committee found that it did not engage in sales-related misconduct. There you have it, case closed.

The Company's outside directors promptly and voluntarily formed the Special Committee after a former employee alleged that the Company engaged in sales-related misconduct, including charging customers for services they did not order—a practice known as "cramming." Over the past six months, the Special Committee, together with independent counsel from O'Melveny & Myers LLP and forensic data analysts, collected and searched more than 9.7 million documents as well as 4.3 terabytes of billing data consisting of over 32 billion billing records; they also interviewed more than 200 current and former Company employees.