Rare FTC-DOJ Joint ‘Gun Jumping’ Action Results in Record Penalty
By EsqSocial Corporation 10/01/25
On January 7, 2025, the FTC and DOJ jointly filed a complaint against XCL, Verdun, and EP concerning an alleged gun-jumping violation. The parties simultaneously filed a proposed final judgment, under which the defendants agreed to pay nearly $5.7 million in penalties for allegedly violating the HSR Act’s mandated waiting period....
By: BakerHostetler