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Honeywell International Inc Announces Settlement of Lawsuit


Monday, 20 Feb 2012 01:30am EST 

Honeywell International Inc announced that Furuno Electric Co., Ltd. and Honeywell International Inc have signed a settlement agreement on January 18, 2012, regarding two lawsuits filed against each other. Honeywell International Inc filed the lawsuit with Minnesota State Court on December 18, 2009, claiming that Furuno Electric Co., Ltd. has violated Honeywell International Inc' s patent right. Furuno Electric Co., Ltd. also filed a lawsuit against Honeywell International Inc with Oregon State Court when the bargain with Honeywell International Inc. failed. Furuno Electric Co., Ltd. did not disclose detailed settlement agreement content. 

Company Quote

80.75
2.02 +2.57%
17 May 2013