Valassis news america settlement
Livonia, Mich. Valassis, one of the nation's leading media and marketing services companies, announced today that it has reached an agreement to settle its outstanding lawsuits against News America Marketing (NAM), a division of News Corporation. The settlementMar 19, 2009 Valassis, Insignia Stock Jumps on News America Marketing Group Settlement. The settlement and acquisition of FGI by News America raises the probability that Valassis may succeed in its trial (paving the way for a jackpot jury verdict in favor of Valassis) or that News America may offer to buy Insignia in a similar settlement to FGI's. Either way, victory would cause both companies' stock to valassis news america settlement
News Corp. Slapped With 560 Million Lawsuit by Valassis Communications. That decision awarded Valassis 300 million in damages. But before a federal trial, News America actually agreed to pay Valassis 500 million and signed a 10year mail distribution agreement with the company to settle
Valassis news america settlement free
The case was first brought in 2012 (a year before the separation of News Corp and 21st Century Fox) and concerned the company's News Marketing American division.
Valassis had alleged News America was charging higher prices to customers who didnt give News America exclusive marketing arrangements. Under the terms of the settlement, News America will pay Valassis 500 million and will also enter into a 10year shared mail distribution agreement with Valassis Direct Mail, a Valassis subsidiary.
Valassis and News America Agree to Settle All Outstanding Lawsuits Under the terms of the settlement, NAM will pay Valassis 500 million and will also enter into a 10year shared mail
In 2009, Valassis won a 500 million legal settlement stemming from the end of several longrunning court cases with News America, a marketing company owned by Rupert Murdoch's News Corp. The
History. Valassis settled the case in March 2009 for an undisclosed amount. In 2010, News Corporation paid 500 million to settle a case brought against it by Valassis in federal court, after Valassis had won a 300 million verdict in state court in Michigan against News America Marketing, a subsidiary of News
Valassis Says News Corp. Ignored 500M Antitrust Settlement. The complaint, filed in Michigan federal court, alleges News Corp. has employed a slew of anticompetitive business methods to freeze Valassis out of the market and maintain a de facto monopoly on the two advertising methods. Instead of changing its illegal practices,
Jan 31, 2010 Why FTC Should Examine Valassis and News America's 500M Settlement. The settlement also covers the 300 million Valassis was awarded in July in a Michigan circuit court that is currently on appeal and a pending state court case in California.
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