FCC, DOJ Reach $17.7 Million Settlement With Verizon to Resolve E-rate Investigations
The FCC and DOJ settled with Verizon over possible E-rate competitive bidding violations. The telco agreed to pay $17.325 million to the USF and $354,634 to the U.S. Treasury to resolve parallel investigations, said a commission release Tuesday. Commissioner Mignon…
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
Clyburn dissented, citing "over $50 million in harm." The company responded that New York City Department of Education consultant Ross Lanham was at fault, engaged in fraud without the telco's knowledge and the company worked to return money to the program.