Steven D. Lustig . Courtesy of Panitch Schwarze The Problem
In the past few years, there has been a significant rise in misleading notices directed to owners of trademark applications and registrations. Such misleading scams are solicitations often trying to get trademark owners to pay money for services that either do not exist or are unnecessary.Is This a Scam? Yes, It's a Scam: The Growing Prevalence of Misleading Trademark Notices
In the past few years, there has been a significant rise in misleading notices directed to owners of trademark applications and registrations. Such misleading scams are solicitations often trying to get trademark owners to pay money for services that either do not exist or are unnecessary.
July 26, 2023 at 12:33 PM
7 minute read
Intellectual Property
Steven D. Lustig . Courtesy of Panitch Schwarze
The Problem
In the past few years, there has been a significant rise in misleading notices directed to owners of trademark applications and registrations. Such misleading scams are solicitations often trying to get trademark owners to pay money for services that either do not exist or are unnecessary.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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