UPDATE 1-TracFone to pay $40 mln to settle deceptive ad allegations
January 28, 2015 at 12:00 PM EST
WASHINGTON, Jan 28 (Reuters) - TracFone, owned by America Movil SAB, has agreed to pay $40 million to reimburse customers who purchased prepaid unlimited data plans that turned out to have maximum limits, the Federal Trade Commission said on Wednesday.