Peloton, Lululemon settle lawsuit over women's apparel line [Financial Post (Toronto, Ontario, Canada)]
Dick's Sporting Goods Inc (DKS)
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Source: Financial Post
Best food storage containers for cabinet organization and leftovers Advertisement Without admitting wrongdoing, Peloton has agreed to phase out “certain designs” that Lululemon had objected to in a lawsuit, the companies said in a joint statement on Friday. “The parties have negotiated a mutually agreeable settlement, and are pleased the matters could be resolved amicably, resulting in dismissal of the pending litigation between them,” the companies said. Lululemon sued Peloton last Nov. 29 in Los Angeles, accusing it of infringing six design patents by selling five “copycat” bra and legging products: Strappy Bra, High Neck Bra, Cadent Peak Bra, Cadent Laser Dot Bra and Cadent Laser Dot Leggings. The lawsuit was five days after Peloton sued Lululemon in Manhattan, seeking a declaration it had not infringed any Lululemon patents after the Canadian company had threatened to sue. U.S. District Judge Andrew Carter dismissed Peloton's case on Thursday, clearing the way for Lul
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DKS
News
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- The Gross Law Firm Announces the Filing of a Securities Class Action on Behalf of DICK's Sporting Goods(DKS) ShareholdersPR Newswire
DKS
Earnings
- 3/14/24 - Beat
DKS
Sec Filings
- 4/18/24 - Form 144
- 4/5/24 - Form 4
- 4/5/24 - Form 4
- DKS's page on the SEC website