I'm not sure which Class Action Lawsuit (CAL) you're referring to. Celcom Israel has had CAL after CAL filed against them for years, in hope someday the lawyers will get lucky. Some of these are as old as 2008. If you look at AT&T and Verizon, you will see the same going on, just CEL is very open about it and mentions it in PRNEWSWIRE, where they pay to announce it. You won't be that lucky in searching for AT&T and Verizon lawsuits. The August 4th lawsuit anouncement is pathetic, 9 lawsuits filed suing for millions each over a cellphone outage that lasted something less than a day:
NETANYA, Israel, August 4, 2011 /PRNewswire/ --
Cellcom Israel Ltd. (NYSE: CEL) (TASE: CEL) (hereinafter: the "Company"), announced today the dismissal of several purported class actions filed against the Company in December 2010, by plaintiffs alleging to be the Company's subscribers, claiming compensation for damages in connection with the network malfunction that occurred on December 1, 2010.In December 2010 nine purported class actions were filed against the company in relation to such network malfunction. Three purported class actions (for the claimed amounts of approximately NIS 200 million, 57 million and NIS 22 million) were dismissed following their respective plaintiff's request. In May 2011, the court approved a procedural agreement among the plaintiffs of the other six lawsuits, according to which all but one of these six purported class actions will be withdrawn at their respective plaintiffs' request, and that the purported class action for the claimed amount of approximately NIS 61 million will remain pending and, to the extent requested by the other plaintiffs until June 2011, be amended to include causes of actions and remedies alleged in any of the other five purported class actions. One purported class action (for the claimed amount of approximately NIS 1.18 billion) was dismissed as part of a procedural agreement. Three purported class actions (for the claimed amounts of approximately NIS 1.32 billion, NIS 1.3 billion and NIS 990 million) were dismissed after having failed to comply with the Courts' orders regarding the procedural agreement. The plaintiffs in the eighth lawsuit (for the claimed amount of NIS 25 million) also requested to withdraw, as part of the procedural agreement. To date, no amendment to the remaining purported class action (according to the procedural agreement) was requested.
For additional details see the Company's annual report on Form 20-F for the year ended December 31, 2010, under "Item 8 - Financial Information - A. Consolidated Statements and Other Financial Information -Legal Proceedings".
NETANYA, Israel, November 2, 2011 /PRNewswire/ --
Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced that a purported class action lawsuit against the Company was filed in the District Court of Jerusalem, by plaintiffs alleging to be subscribers of the Company, in connection with the allegation that the Company raised tariffs for business customers, unlawfully and in violation of its agreements with them.
The total amount claimed from the Company, if the lawsuit is certified as a class action, is estimated by the plaintiffs to be at least hundreds of millions of NIS.
At this preliminary stage, the Company is unable to assess the lawsuit's chances of success.
NETANYA, Israel, August 23, 2011 /PRNewswire/ --
Cellcom Israel Ltd. (NYSE: CEL) (the "Company") announced that a purported class action lawsuit against the Company and two other cellular operators was filed in the District Court of Central Region, by plaintiffs alleging to be subscribers of the defendants. The plaintiffs allege that the defendants unlawfully and in violation of their licenses charged their subscribers 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.
The plaintiffs did not state any estimate of the total amount claimed from any of the defendants, if the lawsuit is certified as a class action.
At this preliminary stage, the Company is unable to assess the lawsuit's chances of success.
