VeriFone Faces $250 Million Lawsuit Over New York Taxi Ad Agreement

By  |  December 18, 2012
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VeriFone Systems has been sued for over $250 million by Creative Mobile Technologies LLC over an agreement to advertise on screens in New York taxis, reports Bloomberg.

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    Creative Mobile developed the media systems that exist in 6,600 of the city’s cabs, and is entered into a sales agreement with Clear Channel Taxi Media LLC.

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