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- Valassis: Layoffs Will Continue as It Reduces Newspaper Coupon Business; It's All News America's Fault
- Valassis executives told Wall Street analysts that they intend to continue laying people off in order to reduce their operating costs. The company made a loss of $222 million in Q4 2008. In addition, the company explained why it was closing down its coupon operations with many...
- Blog posts 2009-02-19
- News America Marketing Forces Whistleblower Into Bankruptcy
- Robert Emmel, the former News America Marketing account director who alleged in federal court that his old employer bilked its clients by taking payments for hundreds of ad placements that never occured, has filed for bankruptcy. The filing comes after News America won a summary judgment against...
- Blog posts 2009-04-27
- News America Marketing Whistleblower: Clients Were Charged for Ads That Never Appeared
- News America Marketing may have charged its clients for ads that never appeared in supermarkets, according to a witness in the recently settled trial in which NAM was sued by rival in-store ad agency Floorgraphics Inc. During the trial, disgruntled former NAM account director Robert Emmel testified...
- Blog posts 2009-04-06
- Was N.Y. Post's Carlucci the Reason for News America Marketing's Settlement With Floorgraphics?
- One of the mysteries from the Floorgraphics v. News America Marketing trial is why the case settled after only a couple of days of testimony. One theory is that it had something to do with Paul Carlucci, the current publisher of The New York Post and still chairman and the...
- Blog posts 2009-04-03
- News America Marketing's Alleged Plans to Seize Safeway Account Outlined in Suit
- With News America Marketing's settlement/acquisition of Floorgraphics Inc. behind it, NAM can now turn its attention to all the other lawsuits against it. Specifically, NAM is being sued by Valassis, Theme Promotions, and Insignia Systems. Two of those cases are scheduled to come to trial later this year, possibly as...
- Blog posts 2009-03-31
- Valassis to Stick With "Majority" of Newspapers; Settles Fraser Billing Dispute
- Brian Costello, general manager of Valassis' RedPlum network, gave a little more detail on on whether Valassis will pull more coupons from newspapers this year in favor of shared mail and online downloads. "It's not the majority" of newspapers, he told the Pontiflex CPL Summit in New...
- Blog posts 2009-03-27
- Valassis, Insignia Stock Jumps on News America Marketing Group Settlement
- Since News America Marketing Group bought Floorgraphics Inc. in what appeared to be a legal settlement of the corporate spying and sabotage litigation between them, the stock of two other direct marketing companies, Valassis and Insignia Systems, has gone through the roof. Valassis, which has a much...
- Blog posts 2009-03-19
- Valassis CEO Got Big Raise Despite Company's Losses
- Valassis CEO Alan Schultz had an awful 2008: Sure, revenues went up 6.2 percent but the company lost $207 million overall, NYSE threatened to delist the company (it's trading just above the penny-stock range), and the high-stakes litigation against rival News America Marketing Group has decimated the company's profits. He...
- Blog posts 2009-03-18
- News America Marketing Group Wins Summary Judgment Against Whistleblower Robert Emmel
- A federal judge has awarded a summary judgment to News America Marketing Group in its case against a former account director who alerted federal authorities to the company's alleged anticompetitive practices. by Jim Edwards
- Blog posts 2009-03-16
- News America Marketing Group Buys Floorgraphics Just Hours After Settling Spying Lawsuit
- News America Marketing Group has agreed to buy Floorgraphics Inc., the company said. A deal price was not disclosed. The acquisition -- which consists primarily of FGI's client and supplier contracts and "other assets" -- comes immediately after the two companies agreed to settle their lawsuit in...
- Blog posts 2009-03-12
- News America Marketing Group Settles With Floorgraphics; Valassis, Insignia Likely Rejoicing
- News America Marketing Group has settled the case against it from Floorgraphics Inc. before FGI finished presenting its case in court. As blogger Daniel Low points out: ... the timing â€" in the midst of trial after compelling testimony from Floorgraphics' first few witnesses -- suggests that it is...
- Blog posts 2009-03-11
- Valassis May Not Be Able to Pay Debt; Litigation May "Materially Harm" the Company
- Valassis may not be able to meet its debt obligations and its litigation against News America Marketing Group may "materially harm" the company, according to a filing with the SEC. The worst-case scenario? "Bankruptcy or liquidation," the company says. The disclosure, in a 10-K filed on a...
- Blog posts 2009-03-06
- Trial: Did News America Marketing Group Break Into Floorgraphics' Computers?
- The eyes of the direct mail, in-store and coupon marketing world will be focused today on a trial which pits Floorgraphics Inc. a maker of those ads that appear on the floor of supermarkets against Rupert Murdoch's News America Marketing Group. The jury case opens at 10 a.m. in a...
- Blog posts 2009-03-02
- Valassis Stock Threatened With De-listing by NYSE
- The New York Stock Exchange has threatened to de-list Valassis stock if it does not present a business plan that convinces the exchange that the company can meet certain minimum standards in 18 months. The company said in a statement: Upon receipt of our business plan, the NYSE has...
- Blog posts 2009-02-25
- Valassis' Plan to End Newspaper Coupons Outrages Middle America
- Valassis CEO Alan Schultz told investors recently that "we are hearing some consumer grumbling" about his company pulling its Red Plum coupons out of local newspapers in favor of sending them via the U.S. Postal Service or making them available online at RedPlum.com. But it's more than...
- Blog posts 2009-02-24
- Valassis Suit vs. News America Being Conducted in Secrecy
- It is not news that Valassis's price-fixing lawsuit against rival News America Marketing Group is costing Valassis millions of dollars. But what evidence does the company have against News America? That question is currently unanswered because Valassis and News America are conducting their litigation under a blanket...
- Blog posts 2009-02-20
- Valassis Accused of Using Hidden Identities in Online War With News America Marketing
- Has a Valassis executive been using a "sock puppet" a fake online identity to criticise News America Marketing? That's the claim of Joe the Coupon Guy, a blogger who writes about (you guessed it!) coupons. News America has retained a lawyer to see whether it can sue Valassis over the...
- Blog posts 2009-04-28
Additional Resources
- Insignia Wins Ruling v. News America; Stage Set for Another Antitrust Trial in POP Biz
- Insignia Systems won a ruling in Minnesota federal court paving the way for a full-blown trial on its claims that News America Marketing engaged in unlawful monopoly tactics to deprive it of customers. The issues at stake are largely similar to those in a Michigan state court case in which...
- Blog posts 2009-10-01
- Valassis claims News America violates antitrust regulations.(News)(Valassis Communications Inc.)(News America Marketing)
- Byline: Tom Henderson Valassis Communications Inc. filed suit in federal court Wednesday alleging antitrust practices by its No. 1 rival, News America Marketing Group of New York City. The suit alleges that News America threatened to raise price Byline: Tom Henderson...
- Research articles 2006-01-23
- The Cost of Valassis' Suit vs. News America Is Eating Its Profit
- You can spend years in the ad business without hearing the name Valassis Comunications mentioned, even though the company controls roughly half the direct mail in the U.S. and pulls in revenue of $500 million per quarter. Two years ago, Valassis came up with a bright idea: sue its main...
- Blog posts 2008-11-25
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