Sprint Awarded $26.9M In Cell Phone Trafficking Suit

OVERLAND PARK, Kan., June 4, 2018 /PRNewswire/ -- Sprint (NYSE: S) has been awarded $26.9 million in damages from Wireless Buybacks, LLC, and Wireless Buybacks Holdings, LLC ("Wireless Buybacks"). Wireless Buybacks was found liable for tortious interference stemming from a large handset trafficking scheme that involved several individuals and business entities. The Honorable Catherine C. Blake entered the judgment in the United States District Court for the District of Maryland on May 22, 2018.

"While we understand there is a legitimate secondary market for devices that is beneficial to customers and to carriers, we strongly believe that customers are injured by the types of activities challenged in this case," said Jorge Gracia, Sprint's Chief Legal Officer. "We are very pleased with this decision and its acknowledgment of this company's wrongful conduct."

Kansas City-based Polsinelli PC represented Sprint in the suit. The decision is subject to appeal.

About Sprint:
Sprint (NYSE: S) is a communications services company that creates more and better ways to connect its customers to the things they care about most. Sprint served 54.6 million connections as of March 31, 2018 and is widely recognized for developing, engineering and deploying innovative technologies, including the first wireless 4G service from a national carrier in the United States; leading no-contract brands including Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant national and international push-to-talk capabilities; and a global Tier 1 Internet backbone. Today, Sprint's legacy of innovation and service continues with an increased investment to dramatically improve coverage, reliability, and speed across its nationwide network and commitment to launching the first 5G mobile network in the U.S. You can learn more and visit Sprint at www.sprint.com or www.facebook.com/sprint and www.twitter.com/sprint.

SOURCE Sprint

Related Links

http://www.sprint.com