DENVER BUSINESS JOURNAL - The CEO of CenturyLink Inc. is telling employees to keep their spirits up after accusations arose that the company engaged in billing fraud.
CEO Glen Post sent out a memo to employees last week, in the wake of the Minnesota Attorney General suing CenturyLink (NYSE: CTL) earlier this month, claiming the company "fraudulently charged Minnesota consumers more than the price the company quoted to them at the time of sale. To make matters worse, CenturyLink has often refused to honor its quoted rates after consumers bring the price misrepresentations to the company's attention."