NEW YORK, July 12 (Reuters) - Minnesota Attorney General Lori Swanson filed a lawsuit against cable provider CenturyLink Inc for its billing practices, sending shares down on Wednesday.
The lawsuit alleges that CenturyLink billed higher amounts than its sales agents quoted customers for internet and cable services and that the company often refused to honor the lower prices to consumers who caught the discrepancies in their bills. CenturyLink shares fell 2.2 percent to $22.74 in midday trading.
CenturyLink said in an emailed statement that it has been cooperating with Swanson’s office and has provided all information that was requested. “We take these allegations seriously and will review and respond in due course,” the statement said.
(Reporting by Anjali Athavaley; Editing by Chizu Nomiyama)