You know it’s gotta be a rare occasion to see THAT headline on CameraFRAUD, but today is a day to celebrate the exciting conclusion of what should have been a reality TV show: When Pirates Attack Pirates!
ATS has lost its lawsuit against rival Redflex over their admitted false advertising and marketing of uncertified speed measurement systems in the United States.
So why is this cause to celebrate? It’s time the hurt is spread around a bit, and Redflex has surely earned our favorite title —beleaguered– in 2010. Their contracts are being dumped left and right, their stock price has plummeted to 52-week-lows, and they will soon suffer the “indignity” of being forced to make our slogan come true in Arizona: The Cameras are Coming Down… (at least on the highways… for now.)
Now, it’s ATS’ turn to hurt. This equally-contemptible corporation exists as a vampire to suck the money out of its victims in ways its larger rival Redflex can only dream of. Its primary investor is disgraced firm Goldman Sacs, which was bailed out by the American people, only to turn around and support ATS and those damned Geico advertisements (ATS’s corporate cousin).
In addition, it’s harder to measure how badly ATS is hurting, as they are a private company and do not disclose earnings (or, as we hope, losses).
So congratulations Redflex, we know ATS cost you a bundle in legal fees, but it truly is their turn to suffer financially. When Arizona votes to ban all forms of automated ticketing this year, ATS will suffer dramatically considering how Arizona-based most of their contracts are.