The Lovesac Company and Joybird Amicably Resolve Patent Litigation
STAMFORD, Conn., June 27, 2022 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”) announced today that it has reached an agreement to amicably resolve its patent litigation against Stitch Industries, Inc. dba Joybird, a unit of La-Z-Boy Incorporated. The lawsuit between the parties, captioned The Lovesac Company v. Stitch Industries, Inc. dba Joybird , Case No. 2:21-cv-09904-MCS-KS (C.D. Cal.) alleged infringement of United States Patent Nos. 7,213,885, 7,419,220, 8,783,778, 10,123,623, 10,154,733, and 10,806,261. The parties have reached a mutually agreeable business resolution and the lawsuit has been dismissed with prejudice. The terms of the parties’ agreement are confidential.
The Lovesac Company and Joybird Amicably Resolve Patent Litigation
STAMFORD, Conn., June 27, 2022 (GLOBE NEWSWIRE) -- The Lovesac Company (Nasdaq: LOVE) (“Lovesac” or the “Company”) announced today that it has reached an agreement to amicably resolve its patent litigation against Stitch Industries, Inc. dba Joybird, a unit of La-Z-Boy Incorporated. The lawsuit between the parties, captioned The Lovesac Company v. Stitch Industries, Inc. dba Joybird , Case No. 2:21-cv-09904-MCS-KS (C.D. Cal.) alleged infringement of United States Patent Nos. 7,213,885, 7,419,220, 8,783,778, 10,123,623, 10,154,733, and 10,806,261. The parties have reached a mutually agreeable business resolution and the lawsuit has been dismissed with prejudice. The terms of the parties’ agreement are confidential.