Groupe SEB and Hamilton Beach Brands Announce Amicable Settlement Concerning Alleged Patent Infringement
Hamilton Beach Brands Holding Company Class A (HBB)
Last hamilton beach brands holding company class a earnings: 2/26 04:45 pm
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hamiltonbeachbrands.com
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Source: PR Newswire
PARSIPPANY, N.J., Sept. 10, 2018 /PRNewswire/ -- Today, Groupe SEB USA and Hamilton Beach Brands are pleased to jointly announce they have settled disputes concerning household steam iron patents. On February 12, 2018, Groupe SEB filed claims against Hamilton Beach asserting patent infringement. Hamilton Beach Brands admits the validity of the Rowenta U.S. Patent No. 7,305,780 for Rowenta's microsteam soleplate and corresponding foreign patents. All other terms of the settlement are confidential. Groupe SEB and Hamilton Beach are pleased to have reached a swift and amicable agreement. The global settlement provides all actions between the parties in the United States and China will be dismissed. Due to the confidentiality of settlement terms, the companies are unable to further comment on this matter.About Groupe SEBThe world reference in small domestic equipment, Groupe SEB operates in nearly 150 countries with a unique portfolio of almost 30 top brands marketed through mult
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HBB
Sec Filings
- 4/26/24 - Form 8-K/A
- 4/4/24 - Form ARS
- 4/4/24 - Form DEF
- HBB's page on the SEC website