Unconditional dismissal follows Supreme Court's historic
decision to allow Axon's constitutional challenges to the FTC's
structure to proceed in federal court
SCOTTSDALE, Ariz., Oct. 9, 2023
/PRNewswire/ -- The Federal Trade Commission (FTC) has dismissed
its administrative enforcement action against Axon Enterprise Inc.,
(NASDAQ: AXON), the global public safety technology leader,
regarding Axon's 2018 acquisition of failing body camera competitor
Vievu. This action follows Axon's unanimous U.S. Supreme Court
victory in April confirming federal court jurisdiction over its
constitutional challenges to the FTC's structure—claims the high
Court recognized as "existential."
"The FTC's unilateral dismissal, intended to moot Axon's
advancing constitutional claims in the District of
Arizona, will result in a global
resolution of both cases," said Pam
Petersen, Axon's Vice President of Litigation and counsel of
record for Axon in both the administrative and federal cases. "We
intend to file a stipulation to dismiss our federal claims on
Tuesday, ending this 5-year battle to protect our intellectual
property and our investors."
"As I said from the beginning, no one should ever face the
prospect of a government that can demand to seize your most
precious assets without the ability to defend yourself in a fair
and impartial court of law," said Axon Founder and CEO Rick Smith. "We made it clear that we were
prepared to take the merits of our constitutional claims right back
to the Supreme Court, and I'm exceedingly proud of our legal team
and the inroads we forged that will now allow others to press these
critically important due process and separation of powers issues to
ultimate resolution. We at Axon remain laser focused on our mission
to protect life."
"Competition in the body camera space has always been vigorous
and is more so today than ever," said Isaiah Fields, Axon's Chief Legal Officer.
"Axon's success is attributable to high-quality products and
services, its significant investment in cutting-edge technology,
and the company's commitment to its customers and to public
safety."
For more information and the history regarding these
proceedings, please visit, axon.com/ftc.
ABOUT AXON
Axon is the technology leader in global public safety. Our Moonshot
goal in the US is to cut gun-related deaths between police and the
public by 50% before 2033. Axon is building the public safety
operating system of the future by integrating a suite of hardware
devices and cloud software solutions that lead modern policing,
defense and security. Axon's suite includes TASER energy devices,
body-worn cameras, in-car cameras, cloud-hosted digital evidence
management solutions, productivity software and real-time
operations capabilities. Axon's growing global customer base
includes first responders across international, federal, state and
local law enforcement, fire, corrections and emergency medical
services, as well as the justice sector, commercial enterprises and
consumers.
Learn more about our Moonshot at thisisourmoonshot.com or
email moonshot@axon.com.
Axon and Protect Life are trademarks of Axon Enterprise, Inc.,
some of which are registered in the US and other countries. For
more information visit www.axon.com/legal. All rights
reserved.
Follow Axon here:
- Axon on Twitter: https://twitter.com/axon
- Axon on Facebook:
https://www.facebook.com/Axon.ProtectLife/
Note to Investors
Please visit http://investor.axon.com, https://www.axon.com/press,
www.twitter.com/axon_us and
https://www.facebook.com/Axon.ProtectLife/ where Axon discloses
information about the company, its financial information and its
business.
MEDIA CONTACT:
Alex Engel
Vice President, Corporate Communications
Media ONLY Hotline: (480) 444-4000 OR Press@Axon.com
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SOURCE Axon