Partner Communications Announces Receiving a Lawsuit and a Motion for the Recognition of This Lawsuit as a Class Action
November 24 2019 - 3:08AM
Business Wire
Partner Communications Company Ltd. ("Partner" or the
"Company") (NASDAQ and TASE: PTNR), a leading Israeli
communications operator, announces that the Company received a
lawsuit and a motion for the recognition of this lawsuit as a class
action, filed against Partner and against two additional cellular
operators (together the "Respondents") in the Tel-Aviv
District Court on November 17, 2019.
In the motion it was allegedly claimed that the Company, as well
as the other Respondents collected money from its customers for
content services for third parties, by using the means of payment
that were given to the Company for the purpose of the cellular
invoice payment, without receiving consent from these customers
prior to the charge, and/or without having documentation with
respect to the customers' consent, unlawfully and against its
license provisions.
The total amount claimed from each of the Respondents if the
lawsuit is recognized as a class action is NIS 400 million in
addition to compensation in the amount of NIS 500 for each one of
the group members for non-monetary damages which were allegedly
caused to them.
An application for approval of a claim as a class action, filed
solely against the Company on October 7, 2010, for the same
services, regarding the same period, was rejected by the District
Court for the most part (except for one content service for which
the collection was in a negligible total amount) in 2016. An appeal
that was filed to the Supreme Court by the applicants for that
application against this judgment was dismissed in November
2018.
Partner is reviewing and assessing the lawsuit and is unable at
this preliminary stage to evaluate, with any degree of certainty,
the probability of success of the lawsuit or the range of potential
exposure, if any.
About Partner
Communications
Partner
Communications Company Ltd. ("Partner") is a leading Israeli
provider of telecommunications services (cellular, fixed-line
telephony, internet and television services). Partner’s ADSs are
quoted on the NASDAQ Global Select Market™ and its shares are
traded on the Tel Aviv Stock Exchange (NASDAQ and TASE:
PTNR).
For more
information about Partner see: http://www.partner.co.il/en/Investors-Relations/lobby/
View source
version on businesswire.com: https://www.businesswire.com/news/home/20191124005069/en/
Mr. Tamir Amar Chief Financial Officer Tel:
+972-54-781-4951
Ms. Liat Glazer Shaft Head of Investor Relations &
Corporate Projects Tel: +972-54-781-5051 E-mail:
investors@partner.co.il
Partner Communications (NASDAQ:PTNR)
Historical Stock Chart
From Aug 2024 to Sep 2024
Partner Communications (NASDAQ:PTNR)
Historical Stock Chart
From Sep 2023 to Sep 2024