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tplink Posted:
Im trying to add
my HT802 vonage
adapter to my home
network. I
currently have
...

In The Forum:
Hard Wiring - Installation
Topic:
Vonage behind switch
On Dec 05, 2016 at 06:35:11

DWSupport Posted:
After recent
Vonage update that
took place on the
4th and 5th of
Nov. E-mails with
...

In The Forum:
Vonage
Topic:
Voicemail Not Forwarding to Outlook Accounts
On Nov 10, 2016 at 12:23:26

peterlee Posted:
Had a call from a
Hospital in Ajax,
Ontario to my home
in
Scarborough, Onta
rio
...

In The Forum:
Vonage Canada
Topic:
Hospital Incoming call unable to connect
On Nov 08, 2016 at 11:59:50

TELLDOUG Posted:
I am looking for a
product that will
make my phone ring
louder so I can
hear using
...

In The Forum:
Vonage
Topic:
Looking for a ringer ameliorate
On Oct 26, 2016 at 09:21:30

HildBeft Posted:
You can recollect
password by
connecting the
router to your pc
and open the
browser
...

In The Forum:
Hard Wiring - Installation
Topic:
How to arrive at wifi password?
On Oct 20, 2016 at 05:05:49

HildBeft Posted:
Great tips..
Thanks for sharing
...

In The Forum:
Hard Wiring - Installation
Topic:
How to have Vonage and another land line?
On Oct 20, 2016 at 04:55:03

massrman Posted:
The devices are
available at
different price
margins , please
share your
estimated
...

In The Forum:
Vonage
Topic:
IP PBX for small business
On Sep 30, 2016 at 00:48:03

massrman Posted:
Hi these are most
commonly used SIP
PBX interops and
their
configuration
guides,
...

In The Forum:
Vonage
Topic:
IP PBX for small business
On Sep 30, 2016 at 00:37:45

Sammy00 Posted:
Has anyone setup a
W52p phone for
vonage? I have
a W52p with two
wireless handsets,
...

In The Forum:
Hard Wiring - Installation
Topic:
W52p Setup
On Aug 30, 2016 at 10:38:01

James44 Posted:
Hi, I am
looking for a good
Sip Trunking
provider in
Canada. they
should offer
...

In The Forum:
Vonage
Topic:
A good sip trunking provider
On Jul 17, 2016 at 23:42:46


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yachtman
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Joined: May 23, 2006
Posts: 6

PostPosted: Mon Jun 12, 2006 4:32 am    Post subject: Reply with quote Back to top

Guys, pay up. You are fighting a battle you won't win. I also participated and to the max. I also thought of not paying, because it almost seemed that I would not have too and VG would cover me.

But, I concluded that if I did not pay, I would be violating an agreement, that that would be used against me in an arbitration/lawsuit. And, I'd possibly have my credit rating harmed, and have to spend a lot of time fending off phone calls/emails/mail demanding payment.

Yet, by paying, I'll still benefit from any class action lawsuit and nothing can be held against me.

If you don't pay, they have the upper hand in many ways. Okay, it may not get on your credit report right way--I don't even think brokers share data with the agencies. Yet, they'll pass the claim to VG, who has agreed to indemnify them, and VG will pass it to their credit collection agency. Then, it will get on your credit report.

Save yourself some real hassle--the game is tilted against you. Pay up. I did.
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audiotron
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Joined: Jun 01, 2006
Posts: 33

PostPosted: Mon Jun 12, 2006 8:13 am    Post subject: Reply with quote Back to top

First of all it will not show up on your "Credit report." This is not a credit issue. This is a breach of contract issue. It is like any other typical contract dispute that will be decided by a third party.

Second of all, have you read these class action lawsuits. Assume their claims to be true (which is what a court of law will do), it seems as if VG also broke the law and why would you pay money for something that was illegal in the first place?

It seems to me that there are alot of unanswered questions and anyone that feels morally required to pay, then by all means do that. But I truley believe there is a question of fact and contract and I intend to defend this. These lawsuits suggest that VG did some prety bad things. If they are true (and again, I dont suggest they are or are not-- THAT IS FOR THE COURT TO DETERMINE), then would you pay?

Just sit back and wait to see how this plays out. If it goes bad, then you can always pay. but to pay now before this is settled is foolish.
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Kaushal
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Joined: May 31, 2006
Posts: 7

PostPosted: Mon Jun 12, 2006 11:36 am    Post subject: Reply with quote Back to top

I totally agree with audiotron. I am not paying a penny until the court of law come up with a decision.
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rangers684
Vonage Forum Associate
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Joined: May 23, 2006
Posts: 17

PostPosted: Mon Jun 12, 2006 1:38 pm    Post subject: Reply with quote Back to top

I too, could not agree more. Also, how can UBS sell my shares against my will? They did that on the 6th for 12.10 !!! If I have to pay I should decide when they're sold !!!!!!!!!
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anthonyfellows
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Joined: Nov 22, 2004
Posts: 88
Location: Indiana

PostPosted: Mon Jun 12, 2006 2:28 pm    Post subject: Reply with quote Back to top

They aren't your shares if you failed to pay for them. Maybe now you only owe $490 per 100 shares that you offered to purchase.

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rudedog40
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Joined: May 30, 2006
Posts: 29

PostPosted: Mon Jun 12, 2006 2:31 pm    Post subject: Looks like the dealine to pay is June 16th Reply with quote Back to top

Vonage underwriters extend deadline for investors


(Updates with comments from a Vonage spokeswoman in third paragraph.)
NEW YORK (MarketWatch) -- Vonage Holdings Corp.'s (VG) underwriters are giving investors more time to pay for the initial public offering shares they ordered.
Underwriters Smith Barney, a unit of Citigroup Inc. (C), Deutsche Bank AG (DB) and UBS AG (UBS) are giving investors until June 13 to pay for the stock they ordered, according to Karina Byrne, a spokeswoman for UBS.
A spokeswoman for Vonage later confirmed that underwriters have extended certain shareholders an additional week to settle their trades.
Vonage's May 23 IPO was among the worst performing in history. Shares, which recently changed hands at $11.90, are down 30% from the IPO price of $17 a share.
The poor performance was exacerbated by Vonage's unusual move of reserving some of the IPO shares for its customers. Many balked at the idea of paying the IPO price after watching the shares drop 13% in the first day and sink further over the next few days.
The company faces class-action lawsuits related to the IPO but said it would "vigorously defend itself."
A pioneer in the Internet phone business, the Holmdel, N.J., company has been plagued by concerns over a highly competitive environment and continued losses. The company has said that it is sacrificing near-term profit to expand its market share.
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ckudrna
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Joined: Apr 29, 2005
Posts: 62

PostPosted: Mon Jun 12, 2006 3:05 pm    Post subject: Reply with quote Back to top

i am still not paying.

On another note, what is the estimated cost of litigation on Vonages part? I would assume that with a host of class action suits and possible SEC inquirys that Vonage would be paying out tens of millions of dollars in legal fees. If they go after every single person who did not pay, it is costing the company a ton of time and money, time and money they could be devoting to building the business (or more realistically, trying to sell the company to a telco or cable company).

This entire process was fouled up by Vonage. it goes way beyond just the underwriters, and now includes all of management and their complete lack of foresight.
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KeithR
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Joined: Jun 09, 2006
Posts: 6

PostPosted: Mon Jun 12, 2006 3:15 pm    Post subject: Reply with quote Back to top

ckudrna wrote:
i am still not paying.

This entire process was fouled up by Vonage. it goes way beyond just the underwriters, and now includes all of management and their complete lack of foresight.


Good point. They should have foreseen that if the stock price went down, they would be dealing with a bunch of excuse-making deadbeats. Unfortunately, chasing riff-raff is a cost of doing business.
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audiotron
Vonage Forum Junior
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Joined: Jun 01, 2006
Posts: 33

PostPosted: Mon Jun 12, 2006 3:32 pm    Post subject: Reply with quote Back to top

keithr: Not sure what country you live in, but in america sometimes when things do not go right the courts get involved.

If everything was so black and white, there would be no need for lawyers or courts.

If everything was so simple as "you signed an agreement so you must pay" there would be not need for lawyers or courts.

The plain and simple fact is that there was an agreement that is currently in dispute.

All of your arguments are based solely in morality and not in business and law. If I were a priest, then maybe things owuld be different. But the fact is that I am a business perosn just like everyone else. And from time to time agreements are not so black and white and sometimes there are two sides to every story and the right story.
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arsveloce
Vonage Forum Associate
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Joined: Jun 01, 2006
Posts: 12

PostPosted: Mon Jun 12, 2006 3:40 pm    Post subject: False Pretenses Reply with quote Back to top

It's generally known as false pretenses. The often cited hypothetical is as follows. I sign a contract to purchase a million-dollar piece of artwork from a dealer who represents to me that the art is actually an original Van Gogh. I believe him, and I sign a contract to buy the "Van Gogh" thinking that it is real and thinking that I'm getting this at a steal of a price. Turns out, the "art dealer" is an ex-con and I'm just his next victim. However, I find out that the artwork is a fake just before I sign my check. We have a contract, but the contract is made under false pretenses and is therefore unenforceable by the crook dealer.

I DO NOT HAVE TO PAY.

Same situation here. So, if there are material questions about the pricing of the IPO, I certainly would have a legitimate right in withholding my payment until such time as a court of law makes that determination. This will come after an extensive process called DISCOVERY. Wherein, the attorneys will have access to witnesses to be deposed, documents and other records. If a jury finds that there was no material misrepresentation, I will have a duty to uphold my end of this "bargain." Until then, hold on to your checks folks.

So if you do intend to still pay, I really do have a nice bridge to sell you.
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