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Stock impact report

CreeLED, Inc. Files Patent Infringement Lawsuit Against Promier Products, Inc. (d/b/a LitezAll) and Tractor Supply Co.

Penguin Solutions, Inc. (PENG) 
Company Research Source: Business Wire
DURHAM, N.C.--(BUSINESS WIRE)--Cree LED, a Penguin Solutions brand (Nasdaq: PENG), today announced that it has filed a patent infringement lawsuit in the United States District Court for the Northern District of Illinois against Promier Products and Tractor Supply. The lawsuit asserts that Promier Products and Tractor Supply have infringed Cree LED’s rights in the following patents by selling certain portable lighting products: United States Patent Nos. 9070850, 9754926, 10439112, 11791442, D790486 and D892066.Cree LED, together with its predecessor, Cree, Inc., has a thirty-five-year track record of innovations and industry firsts. Cree LED has established itself as a trusted brand in portable lighting applications, known for consistently high performance and reliable product quality. Cree LED designs products specifically optimized for portable lighting applications, delivering industry-leading lumen output and maximum throw distance.As a U.S.-based market leader that extensivel Show less Read more
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