Standard General and its founder Soohyung Kim filed a civil complaint Wednesday charging that Allen Media CEO Byron Allen, Dish Chairman Charlie Ergen and FCC Chairwoman Jessica Rosenworcel, along with lawmakers, unions and public interest groups, were partners in a conspiracy and race discrimination aimed at sinking Standard's $8.6 billion purchase of Tegna last year (see 2306010077). The filing was made in U.S. District Court for the District of Columbia. “The FCC Chairwoman and her personal staffer blocked the deal at the behest of Mr. Allen, who used business allies and six-figure political donations to destroy Mr. Kim’s chances of acquiring TEGNA,” the complaint said.

A Fort Worth, Texas-based company that claimed to have favorable contracts with electricity providers to operate cryptocurrency asset mining machines profitably lied to investors about how it would operate the machines, alleged the SEC Wednesday in a securities fraud complaint Wednesday (docket 4:24-cv-00365) in U.S. District Court for North Texas in Fort Worth. The suit names as defendants Geosyn Mining and founders CEO Caleb Ward of Smyrna, Georgia, and Chief Operating Officer George McNutt of Weatherford, Texas.

The Senate Commerce Committee confirmed Thursday the panel plans to mark up the draft Spectrum and National Security Act and five other tech and telecom-focused bills during a Wednesday executive session, as expected (see 2404240074). The 108-page draft measure from committee Chair Maria Cantwell, D-Wash., would restore the FCC’s spectrum auction authority through Sept. 30, 2029, also as expected (see 2403210063). The proposal also provides a new vehicle for allocating stopgap funding for the commission’s ailing affordable connectivity program amid a delay in advancing a separate House-side bid to force a floor vote on providing that money, lobbyists told us.

Most industry groups opposed the FCC's decision restoring net neutrality rules and reclassifying broadband internet access service (BIAS) as a Communications Act Title II service Thursday. Most disagreed with Chairwoman Jessica Rosenworcel on the order's legal standing, warning it could likely be overturned if a challenge is brought (see 2404250004). The Wireless ISP Association will "carefully review" the order and "determine what legal recourse we should take," Vice President-Policy Louis Peraertz said. Several consumer advocacy groups praised the order.

FCC commissioners were met with applause following a 3-2 vote that restored the net neutrality framework and reclassified broadband internet access service (BIAS) as a Communications Act Title II telecom service during the agency's open meeting Thursday (see 2404190038). “Essential services [require] some basic oversight,” Chairwoman Jessica Rosenworcel said. She told reporters following the vote that the rules are "court tested and court approved" because they are "very consistent with" prior rules that were upheld in court: "I'm confident that these rules will also be upheld."

Standard General and its founder Soohyung Kim filed a civil complaint Wednesday charging that Allen Media CEO Byron Allen, Dish Chairman Charlie Ergen and FCC Chairwoman Jessica Rosenworcel, along with lawmakers, unions and public interest groups, were partners in a conspiracy and race discrimination aimed at sinking Standard's $8.6 billion purchase of Tegna last year (see 2306010077). The filing was made in U.S. District Court for the District of Columbia. “The FCC Chairwoman and her personal staffer blocked the deal at the behest of Mr. Allen, who used business allies and six-figure political donations to destroy Mr. Kim’s chances of acquiring TEGNA,” the complaint said.

California should “provide temporary bridge funding for two years through” the state LifeLine program to "mitigate harm to low-income consumers from" the impending end of the federal affordable connectivity program (ACP), consumer advocates said Tuesday at the California Public Utilities Commission. The Utility Reform Network and the CPUC’s independent Public Advocates Office sought “limited modifications” to an October 2020 CPUC decision on LifeLine-specific support amounts and minimum service standards. The groups proposed allowing LifeLine participants to temporarily apply state and federal low-income benefits to a standalone wireline broadband service, while the CPUC considers a long-term answer. Urging the CPUC to act quickly, the groups additionally filed a motion to halve the typical required time to respond to their petition to 15 days, which would make comments due May 8. The groups recently sought modification to other past CPUC decisions due to ACP expected end (see 2404230020). But the cable industry has raised concerns (see 2404230020).

The SEC's 3-2 vote Feb. 29 finalizing a new rule to expand the definition of the statutory term “dealer” under the Exchange Act is “unclear in ways that squarely conflict with the statute,” said a complaint Tuesday (docket 4:24-cv-00361) filed by the Crypto Freedom Alliance of Texas and the Blockchain Association in U.S. District Court for Southern New York in Manhattan.

Republican members of the House and Senate Commerce committees echoed arguments from opponents of the FCC’s draft net neutrality order in a letter to Chairwoman Jessica Rosenworcel ahead of the commission’s expected adoption of the new rules (see 2404190038). The panels’ Republicans are eying a range of potential actions countering the net neutrality bid (see 2404180058). Meanwhile, House Communications Subcommittee Chairman Bob Latta (Ohio) and 11 other Republicans urged Rosenworcel last Thursday to “leverage all resources at its disposal for a successful 5G Fund that maximizes the reach and effectiveness of the program.”

If the Office of the U.S. Trade Representative decides that China's subsidies to its shipbuilding industry burden U.S. commerce through a range of unreasonable or discriminatory acts, a coalition of unions suggests it impose a fee on Chinese ships arriving at U.S. ports (see 2404170029). During a Washington International Trade Association webinar on the new Section 301 investigation, former USTR associate general counsel David Ross said China's subsidies are evident but the remedy is not.