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-0.00596421471172955 -0.000994035785288058 -0.00596421471172955 -0.000994035785288058 -0.0159045725646124 0.00397614314115309 -0.0407554671968191 -0.0556660039761431
Stock impact report

VoIP-Pal Voluntarily Withdraws Recently Filed Complaints in Western Texas Against Verizon and T-Mobile to Focus on Stronger Antitrust Path

VOIP PAL.COM INC (VPLM) 
NASDAQ:AMEX Investor Relations: voip-pal.com
Company Research Source: GlobeNewswire
WACO, Texas, Oct. 14, 2024 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (“VoIP-Pal” or the “Company”) (OTCQB: VPLM) announces that it has voluntarily withdrawn its two recently filed federal patent litigation complaints in the Western District of Texas against Verizon (Civ. Action No. 6:24-cv-00299-DC) and T-Mobile (Civ. Action No. 6:24-cv-299), without prejudice. The withdrawn cases alleged infringement of two of VoIP-Pal’s “Routing, Billing, and Rating” patents: United States Patent Nos. 8,542,815 and 9,179,005. Additionally, the complaint against T-Mobile also alleged infringement of one of VoIP-Pal’s continuation patents, U.S. Patent No. 10,218,606 (“the ’606 patent”). After a thorough assessment, VoIP-Pal determined that its resources would be better deployed toward more promising monetization strategies rather than pursuing another lengthy and costly patent litigation process. This decision comes despite the company’s success in overcoming 36 IPR challenges—a significant achievement Show less Read more
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