Voip Palcom Stock Price, News & Analysis

VoIP-Pal (OTCQB: VPLM) has achieved a significant legal milestone in its federal antitrust and RICO lawsuit against major telecommunications companies. The U.S. District Court for D.C. has accepted the company's Second Amended Complaint and confirmed successful service to all defendants (AT&T, Verizon, and T-Mobile) by April 23, 2025.

The lawsuit alleges violations of RICO statutes, Sherman and Clayton Antitrust Acts, and Section 251 of the Telecommunications Act of 1996. The core accusation involves coordinated conduct by the defendants to exclude VPLM and others from the mobile voice-routing market. The defendants must respond to the complaint by June 22, 2025.

VoIP-Pal (OTCQB: VPLM) has announced the filing and service of two Second Amended Complaints in the United States District Court for the District of Columbia against AT&T, Verizon, and T-Mobile. The legal action, detailed in a new CEO CFO Magazine article featuring CEO Emil Malak, outlines allegations of forced tying, deceptive 'no charge' marketing, and unauthorized deployment of DID-based routing systems.

The complaints consist of a standalone filing and a nationwide class action, seeking $628.41 billion in alleged damages under RICO, Antitrust, and Telecommunications law. The claims center on structural fraud and consumer deception, with the article providing insights into the legal proceedings and judicial trajectory.

VoIP-Pal (OTCQB: VPLM) has provided an update on its legal strategy, focusing on antitrust litigation and civil RICO claims against major telecommunications defendants. CEO Emil Malak announced the company is proceeding with serving defendants while remaining open to discussions for resolution.

The company views this as a strategic expansion beyond patent enforcement, addressing broader systemic issues affecting market competition. Malak emphasized that success in complex litigation is measured by strategic milestones rather than speed, expressing confidence in the company's legal position and case strength.

The company, headquartered in Waco, TX, owns a portfolio of VoIP-related patents it seeks to monetize. Management acknowledges the unpredictable nature of litigation outcomes and settlement discussions, with no assurance of favorable resolution.

VoIP-Pal (OTCQB: VPLM) has filed an amended complaint in its Class Action lawsuit against major telecom providers, expanding its claims and adding new defendants. The updated filing introduces RICO claims and adds Deutsche Telekom (51.2% owner of T-Mobile US) as a defendant.

The lawsuit proposes a subscriber restitution framework that could provide eligible AT&T, Verizon, and T-Mobile customers with a $12 monthly discount on phone bills for up to five years, representing an estimated total value of $268.56 billion. The company is actively expanding its group of lead plaintiffs, aiming to secure over nine total representatives.

CEO Emil Malak expressed optimism about discussions with defendants and set a deadline of February 28, 2025, for progress in negotiations.

VoIP-Pal (OTCQB: VPLM) has received a 90-day extension from the United States District Court for the District of Columbia for serving process in its antitrust and class action lawsuits against major telecommunications providers. The new deadline is set for April 23, 2025.

The company has set February 28, 2025, as a target date for making progress toward a financial settlement. CEO Emil Malak emphasized that while this is their objective, shareholders should remain cautious about drawing conclusions due to litigation complexities. If significant progress isn't achieved by the target date, the company will consider various options, including informing the court, serving defendants, and potentially pursuing bifurcation to streamline the litigation process.

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 (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.

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.

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.