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Technology Stocks : America On-Line: will it survive ...? -- Ignore unavailable to you. Want to Upgrade?

To: SJSharky who wrote (8009)	2/19/1998 8:01:00 PM
From: prakash	Read Replies (2) \| Respond to of 13594

Did anybody posted this here? AOL access case settled By Reuters Special to CNET NEWS.COM February 19, 1998, 4:40 p.m. PT A judge in Chicago today approved a class-action settlement in a lawsuit filed by America Online (AOL) subscribers who had trouble accessing the online network last year. The settlement, which some attorneys had argued would benefit only a small number of the 8 million class members, was approved by Cook County Circuit Court Judge Stephen Schiller. The lawsuit was filed when some subscribers found they had difficulty accessing AOL's network after the company decided to offer a flat monthly fee for unlimited use. The settlement provides refunds based on the plan a subscriber used and the amount of time the subscriber spent on the network. Schiller said in his ruling that the plaintiffs might have had trouble proving damages, as the average AOL subscriber actually doubled usage to 14 hours per month after the pricing change. He noted that AOL had informed subscribers about an expected surge in demand. The company has not specified the cost of resolving the nationwide class action. Story Copyright (C) 1998 Reuters Limited All rights reserved.