VOIP PAL.COM INC - VPLM STOCK NEWS

VoIP-Pal (OTCQB: VPLM) has released a second shareholder letter from CEO Emil Malak, focusing on the company's strategic legal actions. The letter specifically addresses newly refiled antitrust complaints targeting anti-competitive practices in the telecommunications sector. The company has made both the shareholder letter and the refiled complaints, including the VoIP-Pal Antitrust Complaint and Class Action Antitrust Complaint, available on their website for shareholders to review. The CEO emphasizes the importance of transparency in updating shareholders about their legal strategy developments.

VoIP-Pal.com Inc. (OTCQB: VPLM) has announced that Chairman and CEO Emil Malak has issued a shareholder letter outlining the company's current legal strategy. The letter, available on the company's website, provides an update on ongoing litigation efforts, focusing on:

1. Enforcing VoIP-Pal's patented technologies
2. Pursuing an antitrust legal strategy to address broader market misconduct

Mr. Malak stated that the company has identified several potential antitrust concerns across multiple areas of conduct by the defendants, which they believe strengthens their case. He encouraged shareholders to read the full letter for a deeper understanding of the legal strategy and progress being made.

VoIP-Pal.com Inc. (OTCQB: VPLM) has voluntarily withdrawn its recent federal patent litigation complaints against Verizon and T-Mobile in the Western District of Texas. The company decided to focus on a stronger antitrust legal strategy instead of pursuing lengthy and costly patent litigation. This decision comes despite VoIP-Pal's success in overcoming 36 IPR challenges.

The company has been exploring antitrust litigation for over two years, with a team of professionals, including three experienced litigation attorneys, preparing the case. VoIP-Pal believes this antitrust lawsuit will urge telecom carriers to embrace the future of telecommunications, particularly low-cost VoWiFi solutions.

CEO Emil Malak stated that this strategic shift aims to address anticompetitive practices surrounding their Wi-Fi calling technology and achieve better results for shareholders. The company expects to announce updates on its evolving legal strategies in the near future.

VoIP-Pal, Inc. (OTCQB: VPLM) has filed a motion for reconsideration in two major patent infringement cases against Verizon Communications and T-Mobile USA in the U.S. District Court for the Western District of Texas, Waco Division. The motion seeks to reconsider the court's final judgment of noninfringement regarding VoIP-Pal's Mobile Gateway patents. Emil Malak, CEO of VoIP-Pal, emphasized the company's commitment to defending its intellectual property rights and believes the motion will allow for a thorough evaluation of key legal and technical issues. The company continues to assert the strength and validity of its patents while working through the legal process to protect its innovative technologies.

VoIP-Pal.com Inc. (OTCQB: VPLM) has filed an antitrust lawsuit against AT&T, Verizon, T-Mobile, and Deutsche Telekom in the U.S. District Court for the District of Columbia. A parallel class action lawsuit representing 373 million American smartphone subscribers has also been filed. Both lawsuits allege violations of Sherman Act Sections 1 and 2, and Clayton Act Sections 3, 4, and 7, accusing the telecom giants of anticompetitive practices.

VoIP-Pal and the class action plaintiffs have entered a third-party litigation funding agreement to cover legal fees and expenses. The cases aim to promote fairness and competition in the telecommunications market. This antitrust case is separate from VoIP-Pal's ongoing patent litigation in the Western District of Texas.

VoIP-Pal has filed new patent infringement lawsuits in the Western District of Texas, Waco Division, against Verizon and T-Mobile. The lawsuits allege infringement of VoIP-Pal's 'Routing, Billing, and Rating' patents, specifically U.S. Patent Nos. 8,542,815 and 9,179,005. Additionally, the complaint against T-Mobile includes infringement claims related to U.S. Patent No. 10,218,606.

These new complaints also introduce claims covering Direct Inward Dialing (DID), which were not part of the original lawsuits. VoIP-Pal CEO, Emil Malak, expressed the company's readiness to resolve these legal actions amicably but is prepared to go to trial if necessary.

The company has upcoming trials asserting its Mobile Gateway patents against Verizon and T-Mobile scheduled for August 19, 2024, and November 4, 2024, respectively, with pre-trial conferences set for July 2024.

VoIP-Pal.com Inc. has received a favorable ruling in the Northern District of Texas, as Huawei's motion for judgment on the pleadings under § 101 was denied. The court found that VoIP-Pal's Mobile Gateway patents are not directed to an abstract idea, ensuring their eligibility under § 101. This ruling is important as the Company gears up for trials against Verizon and T-Mobile involving the same patents. VoIP-Pal CEO, Emil Malak, expressed optimism and gratitude towards the legal and technical teams.

VoIP-Pal.com Inc. announces the appointment of Clay Perreault, Austin McDonald, and Ray Leon as Special Advisors to the Board of Directors. Perreault will serve as Technical Consultant, McDonald as Business Advisor, and Leon as Mediation and Settlement Advisor. Each brings extensive experience in their respective fields and will play crucial roles in the company's future endeavors.

VoIP-Pal.com Inc. (VPLM) successfully defended against litigation and received favorable judgment from the Eighth Judicial District Court for the State of Nevada. The court ruled in favor of VoIP-Pal, dismissing all claims by Locksmith Financial Corporation and awarding no damages. Additionally, the company has received interest from potential parties following the announcement of two new RBR continuation patent grants in India.