The lawsuit was filed in the Federal District Court for the Northern District of California. In its suit, Meyer Sound alleged VUE infringed Meyer Sound's iconic wave trademark, and asserted other claims against VUE and a former Meyer Sound employee currently working for VUE.
"This legal action was necessary to protect Meyer Sound's intellectual property rights and to prevent confusion in the marketplace," says Helen Meyer, co-founder and executive vice president of Meyer Sound. "We are pleased with the settlement. It resolves issues related to our company's valuable trade secrets, and eliminates the possibility that people might be misled into assuming that VUE or its products are associated with or endorsed by Meyer Sound."
The terms of the settlement agreement are confidential.
(Jim Evans)