The following lawsuits were filed at the Court of International Trade during the week of May 2-8:

Fitbit shares plunged 19 percent Thursday to $13.88 on mixed guidance after its Wednesday Q1 earnings call. Chief Financial Officer William Zerella projected Q2 adjusted earnings between 8 cents and 11 cents per share on $565 million to $585 million volume. Fitbit sold 4.8 million connected health and fitness devices in Q1, growing revenue 50 percent to $505 million. For the full year, Fitbit projects revenue from $2.5 billion to $2.6 billion, with two-thirds coming from Q4 sales.

Fitbit shares plunged 19 percent Thursday to $13.88 on mixed guidance after its Wednesday Q1 earnings call. Chief Financial Officer William Zerella projected Q2 adjusted earnings between 8 cents and 11 cents per share on $565 million to $585 million volume. Fitbit sold 4.8 million connected health and fitness devices in Q1, growing revenue 50 percent to $505 million. For the full year, Fitbit projects revenue from $2.5 billion to $2.6 billion, with two-thirds coming from Q4 sales.

The following lawsuits were filed at the Court of International Trade during the week of April 25 - May 1:

The following lawsuits were filed at the Court of International Trade during the week of April 18-24:

International Trade Today is providing readers with some of the top stories for April 18-22 in case they were missed.

NEW YORK – Simply getting caught up in one of CBP’s new antidumping and countervailing duty evasion investigations could prove a death knell for small importers with even the best of intentions, said a lawyer who represents importers during a seminar held on April 22 by the Customs and International Trade Bar Association. The low bar set for beginning investigations and imposing provisional duties, which could trigger higher collateral requirements from the importer’s surety, makes it a risky proposition for any small importer to bring in anything from China subject to an AD/CVD case, said David Forgue of Barnes Richardson during a panel discussion on the CBP’s new anti-evasion regime.

CBP posted its agenda and some other agency documents for the upcoming Advisory Committee on Commercial Operations of Customs and Border Protection (COAC) meeting on April 27. Among the posted items are a detailed look at planned recommendations for changes to customs broker regulations (here). The document includes a list of the proposed changes with any new or deleted language highlighted some brief descriptions of the logic behind the proposals. A member of the COAC broker regulations working group recently previewed many of the recommendations (see 1604220023). The agenda is (here).

A broad group of industry associations asked the FCC to delay by 45 days the deadlines for filing comments on the ISP privacy rulemaking. After the Association of National Advertisers (ANA) had asked the agency to extend the comment deadlines 60 days (see 1604130054), industry observers said they didn’t think the FCC was inclined to provide more time (see 1604150075). The U.S. Chamber of Commerce also filed in support of an extension. Wireline Bureau Chief Matt Del Nero is to discuss the NPRM at an FCBA seminar Friday.

A broad group of industry associations asked the FCC to delay by 45 days the deadlines for filing comments on the ISP privacy rulemaking. After the Association of National Advertisers (ANA) had asked the agency to extend the comment deadlines 60 days (see 1604130054), industry observers said they didn’t think the FCC was inclined to provide more time (see 1604150075). The U.S. Chamber of Commerce also filed in support of an extension. Wireline Bureau Chief Matt Del Nero is to discuss the NPRM at an FCBA seminar Friday.