Stamps.com faces lawsuit over IPO

Article Abstract:

Stamps.com, based in Santa Monica, CA, is facing a class-action lawsuit filed in late May 2001 for alleged violations of the Securities Act of 1933 and the Securities Exchange Act of 1934. The suit claims that the online stamps company and its officers and directors issued and sold Stamps.com common stock in an initial public offering and a secondary offering without disclosing to investors that at least one of the lead underwriters had solicited and received excessive and undisclosed commissions from certain investors.

Nonstore Retailers, Stamps.com

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Postage tax provision worries postal officials

Article Abstract:

The United States Postal Service's concerns about a provision of the Streamlined Sales and Use Tax Agreement are discussed. The postal official are worried about the adverse economic impact this legislation may have on mailing bureaus, print shop and other business.

Government regulation (cont), Regulation and Administration of Communications, Electric, Gas, and Other Utilities, Government regulation, Postal Service, US Postal Service, Postal Rates, Laws, regulations and rules, United States. Postal Service

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FedEx, UPS subpoenaed in antitrust probe

Article Abstract:

The United States Department of Justice has subpoenaed business information records of courier service giants FedEx and UPS for investigating alleged antitrust violations in air-cargo services. Complete details in this context are presented.

Scheduled Air Transportation, Regulation, Licensing, and Inspection of Miscellaneous Commercial Sectors, Private Mail & Express Services, Couriers and Messengers, Air transportation, scheduled, Antitrust Law, Air courier services, Air Cargo Service, Interpretation and construction, Company legal issue, Cases, Investigations, United States. Department of Justice, Courier services, Express delivery services, United Parcel Service of America Inc., Air freight, Air freight services, FedEx Corp., Antitrust issue, FDX, UPS

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