The State of Oregon has been designated as lead plaintiff in a national class action lawsuit against internet, telephone, and TV service provider CenturyLink. The lawsuit, filed in 2017, is over the decline in stock values after allegations by employees that CenturyLink forced them to secretly add services and charges to customer accounts. The decline in this stock value affected the Oregon Public Employees Retirement Fund with a $6 million loss.
June 7, 2018: Channel Partners Online – CenturyLink Lawsuit: ‘Don’t Defraud Your Customers,’ Say Oregon Officials
June 6, 2018: KGW8 – Oregon to Lead National Suit Against CenturyLink
June 5, 2018: TimesUnion – Oregon to lead national suit against CenturyLink
June 5, 2018: KOBI-TV 5 – Oregon sues CenturyLink for stock losses