Mobile Ad Cos. To Pay $12M Over Unsolicited Texts

By Kaitlin Ugolik ( August 12, 2011, 4:52 PM EDT) -- A proposed class of cellphone users on Friday announced a $12. 2 million settlement in California with advertisers B2Mobile LLC and LeadClick Media Inc. over an alleged onslaught of unsolicited and costly text messages promoting automotive products and payday loans. . . .

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