AT&T sues to stop arbitration trying to freeze T-Mobile deal
AT&T on Friday said it had filed eight lawsuits in federal court to stop an arbitration-based campaign to try to halt the buyout of T-Mobile. The suits, filed in each of the eight areas where law firm Bursor and Fisher was launching its anti-merger efforts, allege that the attempts violate the terms of AT&T's arbitration cases. Although individuals are making arbitration cases, they're demanding penalties that would apply to a class action, claims AT&T, and are supposedly violating terms that bar making more than individual claims.... Source: http://feeds.macnn.com/click.phdo?i=85377291354cc717043f4cbc89cea811