(Albany, NY) -- Charter-Spectrum is reaching a deal with New York Attorney General Barbara Underwood concerning last year's lawsuit over misleading internet speeds.
Then-Attorney General Eric Schneiderman argued that the internet service provider had advertised speeds that were in fact up to 80-percent slower in reality. Spectrum's parent company will refund over 62-million-dollars to 700-thousand active customers, and offer an additional 110-million-dollars in free streaming and premium cable channels.
AG Underwood calls the settlement the largest-ever payout by an internet service provider.
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