Sprint, NY Put FCA Case On Hold But Keep Meter Running

Law360, New York (July 26, 2013, 2:22 PM EDT) -- New York's case claiming Sprint Nextel Corp. violated the state's false claims statute by dodging sales tax applicable to flat-rate calling plans will be stayed pending an expedited appeal, but the tab will be running on interest for which Sprint ultimately could be liable.

The sides struck an agreement on interest according to a letter posted Thursday by Randall Fox, the state's top tax cop, after Judge Peter O. Sherwood left standing the central pillar of New York Attorney General Eric T. Schneiderman's suit earlier this...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.