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Stock impact report

Shure Files Lawsuit Against ClearOne for Patent Infringement and Intentionally Making False Claims to Mislead Customers

ClearOne, Inc. (CLRO) 
Last clearone, inc. earnings: 11/8 09:10 am Check Earnings Report
US:NASDAQ Investor Relations: clearone.com/investorrelations
Company Research Source: Business Wire
NILES, Ill.--(BUSINESS WIRE)--Shure, Inc. today announced that it has filed a lawsuit against ClearOne (NASDAQ: CLRO) in the U.S. Court for the District of Delaware. The lawsuit alleges ClearOne’s BMA CT product, launched in February of 2019, infringes Shure’s U.S. Patent No. 9,565,493 (“‘493 Patent”). The ‘493 patent, which protects the architecture of Shure’s ceiling array microphone offering powerful acoustic benefits with flexible mounting options and minimal aesthetic drawbacks, underlies Shure’s market-leading MXA910 product line.Furthermore, Shure alleges that ClearOne engaged in unfair competition, tortious interference, deceptive trade practices and false advertising by intentionally making false, deceptive and/or misleading remarks in the marketplace about the status and availability of Shure’s MXA910 in order to deter customers from purchasing these products. Specifically, Shure alleges that ClearOne is leveraging ongoing litigation between the two companies to intentio Show less Read more
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