That didn't take long

(Posted by cwalsh)

Verizon is facing a $5 billion lawsuit over its alleged law-breaking. The NYT reports today that this suit may actually involve as much as $50 billion in damage. Previously, a $20 billion suit had been filed regarding the aspects of the NSA program that had become publicly-known in December.

Interestingly enough, when you don't take into account the downside of engaging in a criminal conspiracy enterprise of questionable legality, it may have ramifications for your shareholders and executives. I wrote about this elsewhere, but it looks like this angle may have increased relevance here at EC.

Posted by cwalsh on May 13, 2006 at 12:08 PM in Legal , NSA Wiretaps . You can: comment, view comments (0), see trackbacks (0) or search Technorati.

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