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Home » Hacking News » Verizon sued for $50 billion

Verizon sued for $50 billion

by Nikola Strahija on May 16th, 2006 Verizon subscribers filed a law-suit asking the court to make Verizon stop snooping their private conversations, and to make Verizon pay $1 thousand per violation.

The NSA private-citizen spying program, AFAIK unsupported by any warrants, included Verizon, AT&T and Bell South, while the only light point on the American tel market remained Quest, who refused to be a part of it. The three forenamed companies allegedly have provided the NSA with records of billions of domestic phone calls since shortly after the Sept. 11, 2001, terrorist attacks.

Anyhow, the lawyers filed a suit asking for one thousand dollar remedy for each Verizon subscriber, which could easily equal to $50 billion. This news caused the Verizon stocks to take a dive, according to the CNN news report.

As we see it, the only way President Bush, the NSA and the telephone companies are going to stop their evil doings is to hit them where it hurts the most: on their wallets and stock prices.

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