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Stock impact report

Walmart, Hobby Lobby among retailers accused of mimicking Crocs foam clogs [FOX Business Network]

Crocs, Inc. (CROX) 
Last crocs, inc. earnings: 4/23 07:00 am Check Earnings Report
US:NASDAQ Investor Relations: investors.crocs.com/investor-overview
Crocs Inc. is suing a handful of major retailers for allegedly copying its iconic foam shoe. Over 20 companies – including namesakes such as Walmart and Hobby Lobby – are accused of infringing on registered trademarks for Crocs' Classic Clog. CLICK HERE TO READ MORE ON FOX BUSINESS The footwear company, which filed lawsuits in various U.S. District Courts, is now seeking monetary damages for violations of certain intellectual property. The companies allegedly infringed on its "iconic design marks" which consists of its "three-dimensional configuration of the outside of an upper for a shoe" and signature holes, according to a 108-page complaint filed in the U.S. District Court of Colorado. LONDON - OCTOBER 18: Rows of hanging Crocs in the first UK Crocs store on October 18, 2007 in London England. Crocs have launched a new Mammoth model for the winter to celebrate the opening of the new store. (Photo by Cate Gillon/Getty Images) (Photo by Cate Gillon/Getty Images / Getty Ima Show less Read more
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