VoIP-Pal Affirms Court Acceptance of Second Amended Complaint and Service upon Defendants in Federal Antitrust and RICO Lawsuit
Rhea-AI Summary
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.
Positive
- Court acceptance of Second Amended Complaint strengthens legal position
- Successful service to all defendants keeps lawsuit moving forward
- Potential for significant damages if RICO violations are proven
- Case targets major telecom companies, indicating substantial market opportunity if successful
Negative
- Extended legal proceedings could be costly and time-consuming
- Uncertain outcome in complex antitrust and RICO litigation
- Facing powerful defendants with substantial legal resources
News Market Reaction 1 Alert
On the day this news was published, VPLM gained 3.80%, reflecting a moderate positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
WACO, Texas, May 13, 2025 (GLOBE NEWSWIRE) -- VoIP-Pal.com Inc. (OTCQB: VPLM) announced that the United States District Court for the District of Columbia has granted its motion for leave to enter its Second Amended Complaint as the operative pleading in its ongoing federal antitrust and RICO action against AT&T, Verizon, and T-Mobile. Additionally, VoIP-Pal confirms they have served all Defendants through their legal counsel by the previously extended court deadline of April 23, 2025.
Following the effecting timely service and satisfactorily responding to the Court’s procedural inquiry, the Honorable Judge Randolph D. Moss issued an order on May 7, 2025, vacating the prior show-cause deadline and discharging the associated order.
Defendants now have until June 22, 2025, to respond to VoIP-Pal’s operative complaint, which alleges violations of the RICO statutes, the Sherman and Clayton Antitrust Acts, and Section 251 of the Telecommunications Act of 1996, based on alleged coordinated conduct among Defendants aimed at excluding VoIP-Pal and other potential competitors from the mobile voice-routing market. If RICO violations are proven, liability could extend to all named Defendants involved in the alleged enterprise.
VoIP-Pal will continue to provide updates as the case proceeds through the next phase of litigation.
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 actively seeking to monetize.
Forward-Looking Statements
This press release contains forward-looking statements as defined under securities laws. These statements reflect management’s current expectations and are inherently uncertain. Litigation outcomes and settlement discussions are unpredictable, and there is no assurance of favorable resolution.
For Further Information
Corporate Website: www.voip-palusa.com
IR Inquiries: IR@voip-pal.com
IR Contact: Rich Inza, (954) 495-4600
FAQ
What is the VPLM lawsuit against AT&T, Verizon, and T-Mobile about?
When do AT&T, Verizon, and T-Mobile need to respond to VoIP-Pal's lawsuit?
What court is handling VoIP-Pal's antitrust lawsuit?
What laws does VoIP-Pal claim were violated in their lawsuit?
When did VoIP-Pal complete service of their lawsuit to the defendants?
