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VOIP PAL.COM INC - VPLM STOCK NEWS

Welcome to our dedicated page for VOIP PAL.COM news (Ticker: VPLM), a resource for investors and traders seeking the latest updates and insights on VOIP PAL.COM stock.

VOIP-Pal.com Inc. is a telecommunications company based in Bellevue, Washington. The company owns and develops voice-over-internet protocol services in the United States. Their services include classification and routing of communications, lawful interception, emergency calling support, mobile gateways, and metering and billing. They cater to telephony system vendors, network suppliers, and carriers. The company has a portfolio of patents related to VoIP technology and is actively looking to monetize them.

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VoIP-Pal.com Inc. (OTCQB: VPLM) has filed an amended complaint in its antitrust and RICO lawsuit against Verizon, AT&T, T-Mobile, along with several of their directors and management team members. The filing, submitted to the United States District Court for the District of Columbia, expands on the original complaint from October 2024. The lawsuit alleges antitrust violations, breaches of federal law, and racketeering activities, including claims of tying arrangements, exclusionary practices, monopolistic control, fraudulent misrepresentation, and systemic market exclusion. CEO Emil Malak emphasized this legal action aims to address harm to competition and innovation in the telecommunications industry, while pursuing justice through both ongoing patent litigation in Waco, Texas, and this expanded legal approach.

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VoIP-Pal (OTCQB: VPLM) has announced the launch of its redesigned website, www.voip-palusa.com, featuring improved navigation and updated resources. The company also revealed the publication of a new article in CEOCFO Magazine featuring an interview with CEO Emil Malak. The article discusses VoIP-Pal's antitrust lawsuits against AT&T, T-Mobile, and Verizon, alleging they have tied cellular calling and texting to Wi-Fi calling, potentially violating antitrust laws and restricting consumer choices. The lawsuits aim to restore fair competition and provide more affordable options for consumers.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.
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FAQ

What is the current stock price of VOIP PAL.COM (VPLM)?

The current stock price of VOIP PAL.COM (VPLM) is $0.00765 as of December 24, 2024.

What is the market cap of VOIP PAL.COM (VPLM)?

The market cap of VOIP PAL.COM (VPLM) is approximately 21.0M.

Where is VOIP-Pal.com Inc. headquartered?

VOIP-Pal.com Inc. is headquartered in Bellevue, Washington.

What services does VOIP-Pal.com Inc. offer?

VOIP-Pal.com Inc. offers voice-over-internet protocol services, including classification and routing of communications, lawful interception, emergency calling support, mobile gateways, and metering and billing.

Who are the target customers of VOIP-Pal.com Inc.?

VOIP-Pal.com Inc. serves telephony system vendors, network suppliers, retail, and wholesale carriers.

What does VOIP-Pal.com Inc. aim to monetize?

VOIP-Pal.com Inc. aims to monetize its portfolio of patents related to Voice-over-Internet Protocol (VoIP) technology.

When was VOIP-Pal.com Inc. incorporated?

VOIP-Pal.com Inc. was incorporated in 1997.

What is the recent achievement of VOIP-Pal.com Inc.?

VOIP-Pal.com Inc. recently received a favorable ruling in a patent infringement lawsuit, strengthening its patent portfolio.

VOIP PAL.COM INC

OTC:VPLM

VPLM Rankings

VPLM Stock Data

20.97M
3.37B
7.06%
Telecom Services
Communication Services
Link
United States of America
Waco