AT&T (T) Said to Ask FCC to Drop $100M Fine for Misleading Customers Jul 27, 2015 03:39PM

AT&T (NYSE: T) is said to have asked the Federal Communications Commission (FCC) to drop a $100 million fine levied on the company for misleading customers.

According to The Hill, AT&T said that the FCC should halt the enforcement of proposed non-monetary penalties until a court decision on the matter has been reached.

AT&T also asked that any fine levied against the company not exceed $16,000.

Shares of AT&T are up 0.3 percent Monday.


FCA US (FCAU) Clarifies Consent Order with NHTSA Jul 27, 2015 02:16PM

Certain press reports have misconstrued the scope and therefore the estimated costs of certain remedies contemplated by the consent order entered into by FCA US (NYSE: FCAU) with NHTSA and announced today. FCA intends to clarify the scope of such remedies.

In the consent order, FCA US has agreed to additional remedies for three recall campaigns covering approximately half a million vehicles, primarily 2008 through 2012 chassis cab, 2009 through 2011 light duty and 2008... (continue reading...)


Oracle (ORCL) Approved to Seek Additional Damages from Rimini Street Jul 27, 2015 11:02AM

On July 24, 2015 a federal court ruled that Oracle (NYSE: ORCL) may expand the damages it seeks from Defendants Rimini Street and its founder and CEO Seth Ravin in Oracle's lawsuit against them for copyright infringement and related claims set for trial on September 14 in Las Vegas.

The court ruled that Oracle may seek damages "attributable... to the nearly two and a half years of continued litigation between the parties during which Rimini allegedly continued to engage... (continue reading...)


BioTelemetry (BEAT) Reports Successful Patent Defense vs MedTel24 Jul 27, 2015 10:59AM

BioTelemetry, Inc. (NASDAQ: BEAT) is pleased to announce that the Honorable Juan R. Sanchez has denied MedTel24’s Motion for Relief From Consent Judgment, upholding a prior Judgment from January 2014 that stated MedTel24’s use or sale of certain Heart Monitoring software infringes upon BioTelemetry patents.

In 2012, CardioNet, a BioTelemetry subsidiary, filed suit against MedTel24, Inc. and other Companies in the United States District Court for the Eastern District... (continue reading...)


FCA US (FCAU) Enters Consent Order with NHTSA; Will Make $105M of Payments Jul 27, 2015 09:25AM

FCA US LLC (FCA US) announced it has entered into a consent order with the National Highway Traffic Safety Administration (NHTSA) which resolves the issues raised by NHTSA with respect to FCA US’s execution of 23 recall campaigns in NHTSA’s Special Order issued to FCA US on May 22, 2015 and further addressed at a NHTSA public hearing held on July 2, 2015. The consent order includes an admission by FCA US that in three specified campaigns it had failed to timely... (continue reading...)


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