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  • Thursday, June 14, 2012

    Prepaid calling card lawsuit settled

    As part of a settlement of a class-action lawsuit against calling card provider NobelTel Inc. and its affiliates, the defendants will provide 400,000 $5 calling card "settlement PINs" to affected consumers. The PINs can be used by consumers allegedly defrauded by the calling card companies to make domestic and international calls that originate in California, according to the law firms Lee Tran & Liang APLC and Ziaee Law.

    The lawsuit claims that Nobel, Nobel Ltd., NobelCom LLC and NobelTel LLC violated California consumer protection laws by not sufficiently informing consumers about the rates and charges on the defendants' prepaid calling cards and services, and then failing to deliver the call minutes advertised. The defendants reportedly deny wrongdoing.

    The law firms are reaching out to consumers who may have purchased the defendants' products between April, 8, 2006, and May 24, 2012. The Los Angeles Superior Court will hold a final hearing on Sept. 13, 2012, to consider whether to approve the settlement.

    Whether you want to upgrade your POS offerings, find a payment gateway partner, bone up on fintech regs or PCI requirements, find an upcoming trade show, read about faster payments, or discover the latest innovations in merchant acquiring, The Green Sheet is the resource for you. Since 1983, we've helped empower and connect payments professionals, starting with the merchant level salespeople who bring tailored payment acceptance and digital commerce tools, along with a host of other business services to merchants across the globe. The Green Sheet Inc. is also a proud affiliate of Bankcard Life, a premier community that provides industry-leading training and resources for payment professionals.

    Notice to readers: These are archived articles. Contact information, links and other details may be out of date. We regret any inconvenience.

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