VoIP-Pal Announces Filing of Amended Complaint in Antitrust and RICO Lawsuit
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.
VoIP-Pal.com Inc. (OTCQB: VPLM) ha presentato un reclamo modificato nel suo processo antitrust e RICO contro Verizon, AT&T, T-Mobile, insieme a diversi loro direttori e membri del team di gestione. Il deposito, presentato al Tribunale Distrettuale degli Stati Uniti per il Distretto di Columbia, amplia il reclamo originale del ottobre 2024. La causa sostiene violazioni antitrust, violazioni della legge federale e attività di racketeering, comprese affermazioni di accordi di collegamento, pratiche esclusive, controllo monopolistico, rappresentazione fraudolenta e esclusione sistematica dal mercato. Il CEO Emil Malak ha sottolineato che questa azione legale mira a affrontare il danno alla concorrenza e all'innovazione nell'industria delle telecomunicazioni, perseguendo giustizia attraverso le attuali controversie sui brevetti a Waco, Texas, e questo approccio legale ampliato.
VoIP-Pal.com Inc. (OTCQB: VPLM) ha presentado una denuncia enmendada en su demanda antimonopolio y RICO contra Verizon, AT&T, T-Mobile, junto con varios de sus directores y miembros del equipo directivo. La presentación, presentada ante el Tribunal de Distrito de EE.UU. para el Distrito de Columbia, amplía la denuncia original de octubre de 2024. La demanda alega violaciones antimonopolio, violaciones de la ley federal y actividades de racketeering, incluyendo afirmaciones de acuerdos de atado, prácticas excluyentes, control monopolístico, representación fraudulenta y exclusión sistemática del mercado. El CEO Emil Malak enfatizó que esta acción legal tiene como objetivo abordar el daño a la competencia y la innovación en la industria de las telecomunicaciones, mientras busca justicia a través de las actuales disputas de patentes en Waco, Texas, y este enfoque legal ampliado.
VoIP-Pal.com Inc. (OTCQB: VPLM)은 Verizon, AT&T, T-Mobile 및 그들의 여러 이사와 경영진을 상대로 하는 반독점 및 RICO 소송에서 수정된 고소장을 제출했습니다. 이 고소장은 컬럼비아 특별구에 있는 미국 지방법원에 제출되었으며, 2024년 10월에 원래 제출된 고소장을 확장합니다. 이 소송은 반독점 위반, 연방 법률 위반 및 강탈 행위를 주장하고 있으며, 이는 결합 거래, 배타적 관행, 독점적 통제, 사기성 누설 및 체계적인 시장 배제를 포함합니다. CEO Emil Malak은 이러한 법적 조치가 통신 산업의 경쟁 및 혁신에 대한 피해를 해결하고, 텍사스 Waco에서 진행 중인 특허 소송과 이 확장된 법적 접근 방식을 통해 정의를 추구하는 것을 목표로 하고 있음을 강조했습니다.
VoIP-Pal.com Inc. (OTCQB: VPLM) a déposé une plainte amendée dans son procès antitrust et RICO contre Verizon, AT&T, T-Mobile, ainsi que plusieurs de leurs directeurs et membres de l'équipe de direction. Le dépôt, soumis au Tribunal de district des États-Unis pour le district de Columbia, élargit la plainte originale d'octobre 2024. Le procès allègue des violations antitrust, des violations de la loi fédérale et des activités de racket, y compris des allégations de pratiques de liaison, de pratiques exclusionnaires, de contrôle monopolistique, de fausse représentation frauduleuse, et d'exclusion systématique du marché. Le PDG Emil Malak a souligné que cette action en justice vise à remédier aux préjudices causés à la concurrence et à l'innovation dans l'industrie des télécommunications, tout en poursuivant la justice à travers des litiges de brevets en cours à Waco, au Texas, et cette approche juridique élargie.
VoIP-Pal.com Inc. (OTCQB: VPLM) hat eine geänderte Klage in seiner Antitrust- und RICO-Klage gegen Verizon, AT&T, T-Mobile sowie mehrere ihrer Direktoren und Mitglieder des Managementteams eingereicht. Der Antrag, der beim US-Bezirksgericht für den District of Columbia eingereicht wurde, erweitert die ursprüngliche Klage aus Oktober 2024. Die Klage wirft Antitrust-Verstöße, Verstöße gegen Bundesrecht und Erpressungsaktivitäten vor, einschließlich Behauptungen über Bindungsverträge, ausschließliche Praktiken, monopolistische Kontrolle, betrügerische Falschdarstellung und systematische Marktverdrängung. CEO Emil Malak betonte, dass diese rechtlichen Schritte darauf abzielen, den Schaden für den Wettbewerb und die Innovation in der Telekommunikationsbranche zu beheben, während gleichzeitig Gerechtigkeit durch laufende Patentstreitigkeiten in Waco, Texas, und diesen erweiterten rechtlichen Ansatz verfolgt wird.
- Company taking decisive legal action against major telecom companies to protect its intellectual property and market position
- Expanded legal strategy incorporating both antitrust and RICO claims potentially increases chances of successful litigation
- Ongoing legal battles indicate significant challenges in monetizing company's intellectual property
- Legal proceedings against major corporations could be lengthy and costly
- Company faces powerful opponents with substantial legal and financial resources
WACO, Texas, Dec. 19, 2024 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (OTCQB: VPLM) today announced the filing of an amended complaint to the original complaint filed in October 2024, in Civil Action No. 1:21-cv-03051-RDM, currently pending in the United States District Court for the District of Columbia. This latest filing represents a significant escalation in the company’s legal efforts to address alleged antitrust violations, breaches of federal law, and racketeering activities that VoIP-Pal believes have caused harm to the company.
The amended complaint names Verizon, AT&T, T-Mobile, along with several of their directors and members of their management teams, as defendants. "Our amended complaint builds on our commitment to seeking justice for the harm VoIP-Pal has endured due to alleged antitrust violations and other unlawful practices," said Emil Malak, CEO of VoIP-Pal. "By incorporating RICO claims, we are addressing not just the alleged monopolistic and exclusionary conduct we believe the defendants engaged in, but it also alleges systemic violations and coordinated actions that have targeted our company."
VoIP-Pal CEO Emil Malak reassured shareholders that the strategic focus on antitrust and RICO claims is the most efficient path to address the harm caused by the defendants. “While patent litigation remains ongoing in Waco, Texas, we believe this approach offers the quickest and most effective route to justice,” Malak stated. “Our goal is to hold Verizon, AT&T, T-Mobile, their directors, and key management accountable through the judicial process, restore fair competition in the mobile telephone communications industry, and drive shareholder value. We are working diligently to ensure that the defendants are served soon, with the goal of doing so before the end of the year.”
Malak highlighted the importance of the filing as a step toward achieving accountability. "This legal action is not just about VoIP-Pal; it’s about holding powerful corporations accountable for practices that harm innovation, competition, and fairness in the telecommunications industry. We are confident that this expanded approach will demonstrate the strength of our case."
The amended complaint outlines detailed allegations, including:
- Antitrust Violations: Claims of tying arrangements, exclusionary practices, and monopolistic control that have suppressed VoIP-Pal’s ability to compete.
- RICO Claims: Allegations of coordinated racketeering activities, including fraudulent misrepresentation, deceptive practices, and systemic exclusion of VoIP-Pal from the market.
- Harm to Consumers: The impact of these actions on market competition and millions of smartphone users across the United States.
"Filing this amended complaint marks a pivotal moment in our pursuit of justice," Malak added. "It reflects our commitment to protecting our shareholders, upholding the rule of law, and ensuring a level playing field in the telecommunications sector."
Additionally, a new article and interview with CEO Emil Malak has been published on CEOCFO Magazine, providing additional insights into VoIP-Pal's strategy. The article can be accessed here: https://www.ceocfointerviews.com/voippalantitrust121824.html.
About VoIP-Pal.com Inc.
VoIP-Pal.com, Inc. (“VoIP-Pal”) is a publicly traded corporation (OTCQB: VPLM) headquartered in Waco, TX. The company owns a portfolio of patents related to Voice-over-Internet Protocol (“VoIP”) technology that it is currently looking to monetize.
Forward-Looking Statements
Any forecast of future financial performance is a “forward-looking statement” under securities laws. Such statements are included to allow potential investors to understand management’s beliefs and opinions with respect to the future, but patent litigation involves various risks and uncertainties that could affect the company’s ability to monetize its patents. It is impossible to predict specific outcomes of litigation.
Corporate Website: www.voip-palusa.com
IR inquiries: IR@voip-pal.com
IR Contact: Rich Inza (954) 495-4600
FAQ
What are the main allegations in VPLM's amended antitrust complaint?
When did VPLM file its original antitrust complaint?
Which companies are named as defendants in VPLM's amended lawsuit?
What is the current status of VPLM's patent litigation in Waco, Texas?
When does VPLM expect to serve the defendants in the amended complaint?
