• Most Popular
  • Most Shared

Nike sues Wal-Mart, alleges patent infringement

NEW YORK
Thu Oct 16, 2008 9:47am EDT

Stocks

   

NEW YORK (Reuters) - Nike Inc (NKE.N) has sued Wal-Mart Stores Inc (WMT.N), saying the world's largest retailer is selling athletic shoes that infringe on its design patents.

Hot Stocks

In a complaint filed on Monday, Nike claims Wal-Mart is selling shoes that infringe on its Shox line, which is designed with what looks like springs in the heels.

"Wal-Mart knowingly and intentionally sold and continues to sell the infringing Shoes as simulations of Nike shoes," the Nike complaint states.

Nike is seeking an order to bar Wal-Mart from selling items that infringe on its patents and "damages adequate to compensate Nike for the patent infringement that has occurred."

Wal-Mart could not be reached for an immediate comment.

The complaint was filed in the U.S. District Court for the Northern District of Illinois, Eastern Division.

(Reporting by Nicole Maestri; Editing by Lisa Von Ahn)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article