Magazine article Editor & Publisher

Valassis Awarded $300M in Suit against News Corp. Competitor

Magazine article Editor & Publisher

Valassis Awarded $300M in Suit against News Corp. Competitor

Article excerpt

A Michigan trial court jury Thursday awarded Valassis, a major player in the inserts and coupon business, $300 million in its lawsuit against competitor News America Marketing, a unit of News Corp.

News America said it would appeal.

The trial was held in Wayne County Circuit Court before Judge Michael F. Sapala.

Valassis claimed unfair competition and tortious interference by News America. The jury's verdict found News America liable on both counts. "We are pleased with the jury's verdict," said Valassis CEO Alan Schultz. "Furthermore, I am very proud of the efforts of our employees who have been competing on this uneven playing field for nearly a decade."

Valassis has additional suits pending against News America in the U.S. District Court, Eastern District of Michigan, asserting anti-trust violations of the Sherman Act; and in the Supreme Court of the State of California for the County of Los Angeles, raising claims under California's Cartwright, Unfair Competition and Unfair Practices Acts. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.