CenturyLink Investors Get Class Status in Overbilling Litigation

CenturyLink Inc. investors who accused the company of misleading them about “systemic ‘cramming’ of customer accounts” with unsolicited services can pursue their case as a class, a federal judge in Minnesota said.

The class includes everyone who acquired the communications firm’s common stock or certain senior notes from March 1, 2013, to July 12, 2017 and isn’t affiliated with the company, the U.S. District Court for the District of Minnesota said Monday. CenturyLink lost a bid to toss the suit in 2019.

The company argued that Oregon—selected as a class representative on behalf of a state pension fund—was subject to ...