(12/15/08) - Energizer Holdings Inc. dropped its patent infringement suit against Spectrum Brands, as the two companies settled the case earlier this month. The suit, filed in July, alleged that Spectrum infringed Energizer's patent on lithium batteries by importing lithium batteries from China and selling them under the Rayovac brand.
On the same day as the settlement, the New York Stock Exchange delisted Spectrum Brands, in part because the company's shares fell below the average closing price of at least $1 per share for 30 consecutive days.
So many patent infringement suits. I wonder if anyone ever gets away with patent infringement? I wonder what the odds are of "getting away with it."
There are so many companies and so many things one better do massive research or hire an attorney before submitting a product for the public so as not to end up in court for patent infringement.