Years: 2017

FTC Clears Itron’s Acquisition of Silver Spring Networks

In September 2017, Itron, Inc., the world’s leading provider of smart metering, data collection and utility software systems with nearly 8,000 utilities worldwide relying on its technology, entered into an agreement to acquire Silver Spring Networks. Silver Spring Networks is a leading smart grid solution company that provides the hardware, … Continued

Compass Lexecon Client Pennsylvania Higher Education Assistance Agency Prevails in False Claims Act Litigation

Jury Returns Defense Verdict in U.S. ex rel. Oberg v. Pennsylvania Higher Education Assistance Agency  Jon H. Oberg, a former Department of Education (“DOE”) employee, sued numerous companies across the United States for making false claims against the “Special Access Program” administered by DOE.  This program offers subsidies to eligible … Continued

ICSID Tribunal Endorses Compass Lexecon Expert Opinions in Arbitration Awarding Claimants More Than $430 Million in Damages for Unfair Treatment of Venezuelan Flour Producers

Compass Lexecon experts Santiago Dellepiane and Professor Pablo T. Spiller were retained by Valores Mundiales S.L. and Consorcio Andino S.L. (“Claimants”), two large-scale producers of flour and related products, as quantum experts in an ICSID arbitration against the Republic of Venezuela. The dispute arose from a series of measures enacted … Continued

Compass Lexecon Client Plantronics Wins Jury Victory in Antitrust Case

After deliberating for less than one hour, a jury cleared Compass Lexecon’s client, headset manufacturer Plantronics, on all counts in an antitrust suit filed five years ago by competitor GN Netcom, maker of the Jabra brand of headsets. GN alleged certain Plantronics business arrangements violated antitrust law by prohibiting Plantronics … Continued

Compass Lexecon Client Puerto Rico Prevails in PI Hearing

Compass Lexecon Senior Advisor Dr. Jonathan Arnold Testifies Successfully In this matter, Peaje Investments (“Plaintiff”), a distressed debt investor, sought a temporary restraining order and preliminary injunction that would have required the Puerto Rico Highways & Transportation Authority (“PRHTA”) to resume depositing approximately $100 million per year in toll revenues … Continued