VoIP-Pal and Plaintiffs File Groundbreaking Antitrust Lawsuits Against AT&T, Verizon, T-Mobile, and Deutsche Telekom
VOIP PAL.COM INC (VPLM)
NASDAQ:AMEX Investor Relations:
voip-pal.com
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Source: GlobeNewswire
WACO, Texas, Aug. 21, 2024 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (“VoIP-Pal,” “Company”) (OTCQB: VPLM) has filed an antitrust lawsuit (Case No. 1:24-cv-02395) against telecommunications giants AT&T, Verizon, T-Mobile, and Deutsche Telekom in the United States District Court for the District of Columbia. A parallel and independent class action lawsuit (Case No. 1:24-cv-02397) representing 373 million American smartphone subscribers has also been filed against the same defendants. Both lawsuits allege violations of key sections of U.S. antitrust law: Sherman Act Sections 1 and 2, and Clayton Act Sections 3, 4, and 7. These filings accuse the telecom giants of engaging in anticompetitive practices that restrict competition and harm consumers. “This lawsuit represents an important step in our effort to promote fairness and competition in the telecommunications market,” said VoIP-Pal CEO Emil Malak. “We believe these companies have used their market position to limit choices and increa
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Sec Filings
- 9/23/24 - Form 4
- 9/19/24 - Form 4/A
- 9/11/24 - Form 4
- VPLM's page on the SEC website