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Stock impact report

VoIP-Pal.com, Inc. Announces Withdrawal and Refiling of Antitrust and Class Action Complaints

VOIP PAL.COM INC (VPLM) 
NASDAQ:AMEX Investor Relations: voip-pal.com
Company Research Source: GlobeNewswire
WACO, Texas, Oct. 29, 2024 (GLOBE NEWSWIRE) -- VoIP-Pal.com, Inc. (OTCQB: VPLM) announced today the strategic withdrawal and refiling of its antitrust lawsuit, along with a parallel class action complaint originally filed on August 17, 2024. These revised filings bolster the legal foundation of the initial complaints and underscore VoIP-Pal's commitment to challenging alleged anti-competitive practices in the telecommunications industry. The new complaints will be posted on the Company website: www.voip-palusa.com. The refiled complaints, submitted on October 25, 2024, incorporate adjustments aimed at addressing newly identified factors and strengthening the original legal arguments. The new complaints maintain the core allegations of the original lawsuits, emphasizing alleged violations of key provisions in U.S. antitrust law: specifically, Sections 1 and 2 of the Sherman Act, which address unlawful restraints of trade and monopolization; Sections 3, 4, and 7 of the Clayton Act, Show less Read more
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