WEX INC. FILES FEDERAL LAWSUIT AGAINST HP TO PROTECT TRADEMARK AND BRAND [Yahoo! Finance]
HP Inc. (HPQ)
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Source: Yahoo! Finance
filed a federal lawsuit against HP Inc. and Hewlett-Packard Development Company, L.P. for infringing its trademarks. According to the lawsuit, WEX has created a powerful ecosystem that offers seamlessly embedded, personalized solutions for its customers around the world. Through its rich data and specialized expertise in simplifying benefits, reimagining mobility, and facilitating paying and getting paid, WEX aims to make it easy for companies to overcome complexity and reach their full potential. These services are offered under WEX's well-known and distinctive WEX family of trademarks. On March 7, 2024 , HP announced the launch of its own "WEX," a misappropriation of WEX's trademarks. Like WEX's platform offerings, HP's "WEX" is a platform that aims to supply businesses with innovative solutions to their everyday workforce problems. HP's "WEX" is marketing to a similar customer base as WEX, which is inevitably causing confusion in the marketplace. Both WEX and HP's "WEX" are pro
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