Cliff Banks - The Banks Report

Court Stays Injunction for Reynolds & CDK; Expedites Appeals Process — Why It’s Important

August 9, 2017 —  After seemingly being dominated in the early stages in the antitrust lawsuit filed by Authenticom in May, Reynolds and Reynolds and CDK Global have clawed back to what can be described as a tie. The Seventh District Court of Appeals yesterday granted the two technology firms a stay of the preliminary…

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A Stay of Injunction & a FTC Investigation

A Stay of Injunction & a FTC Investigation

August 1, 2017 — Good news and bad news today on the antitrust front for CDK Global and Reynolds Reynolds. First, in the lawsuit filed by Authenticom, Judge James Peterson of the Wisconsin district court issued a temporary seven-day stay this afternoon of the preliminary injunction he granted Authenticom on Friday to give the appeals…

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injunction Order in Antitrust Trial is a Victory for Authenticom but the Devil is in the Details

injunction Order in Antitrust Trial is a Victory for Authenticom but the Devil is in the Details

July 30, 2017 — It is only a preliminary injunction, but the order issued by Judge James Peterson on Friday in the antitrust lawsuit pitting Authenticom against defendants Reynolds and Reynolds and CDK Global appears to have handed the plaintiff a significant victory. Authenticom is calling it a “stunning victory.” The order does grant Authenticom…

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Latest Moves Align AutoNation’s Executive Team With Its Strategic Initiatives

Latest Moves Align AutoNation’s Executive Team With Its Strategic Initiatives

June 1, 2017 — AutoNation named Lance Iserman as its new Chief Operating Officer and Executive Vice President of Sales yesterday. Iserman’s appointment is the latest in a series of executive moves by Chairman and CEO Mike Jackson designed to better position AutoNation for the future as it moves forward with new strategic initiatives to extend… Continue Reading

Experian Automotive Acquires Data Firm String Automotive

Experian Automotive Acquires Data Firm String Automotive

May 23, 2017 — We’re still waiting the official announcement, but sources have confirmed Experian Automotive will announce in the near future that it has acquired String Automotive, a 12 year-old data analytics firm based in Newton, MA. The acquisition cements a relationship that began in 2014 when Experian Automotive’s Auto Market DNA℠ demographic and behavioral information’s… Continue Reading

Cliff Banks - The Banks Report

Update – Round One to Authenticom in Antitrust Lawsuit

May 22, 2017 — The court today denied motions filed by CDK Global and Reynolds and Reynolds on Friday afternoon requesting dismissal of Authenticom’s request for a preliminary injunction hearing in the antitrust lawsuit it recently filed. Both defendants cited Authenticom’s nearly two-year delay in filing the lawsuit and request for the preliminary injunction. They also cited… Continue Reading

Authenticom Asks for Preliminary Injunction; Lands Big Time Expert Witness in Antitrust Suit Against Reynolds, CDK

Authenticom Asks for Preliminary Injunction; Lands Big Time Expert Witness in Antitrust Suit Against Reynolds, CDK

May 19, 2017 — Late yesterday afternoon, data services provider Authenticom filed a motion in its antitrust lawsuit against Reynolds and Reynolds and CDK Global, seeking a preliminary injunction. TBR wrote about the pending request last week. The lawsuit alleges the dealer management system providers conspired in 2015 to force Authenticom and other data integration competitors out of… Continue Reading