ID Systems appeals court reversal of antitrust verdict
TORONTO - ID Systems has recently filed court documents to appeal a post-trial ruling that vacates an earlier antitrust verdict and reversed the majority of $80 million in damages to be paid to ID Systems by Checkpoint Systems.
The appeal was filed in the Third Circuit Court of Appeals after a post-trial at the end of March in the U.S. District Court for the Eastern District of Pennsylvania reduced the award to $13 million and cleared the antitrust verdict against Checkpoint Systems.
The judge in that case upheld a verdict on charges of violating state law on tortuous interference and unfair competition.
In its original lawsuit, ID Systems, based here, claimed that Thorofare, N.J.-based Checkpoint violated antitrust laws and Pennsylvania state law by interfering with ID SystemsÃ¢â‚¬â„¢ contract to distribute radio frequency anti-shop lifting tags made by Tokai Electronics of Japan.
Officials at Checkpoint said the company is now reviewing its rights to appeal the remaining damages.