Apple Reaches Settlement Agreement with NYC Vendors Accused of Selling Fake Apple Devices
With all the buzz surrounding Apple’s latest legal battles with Samsung and Google, we almost forgot about their ongoing lawsuit against the NYC vendors accused of selling fake iPhone products. According to Reuters, Apple has reached a settlement agreement with the two Queens vendors which would finally put this case to rest.
Reportedly, the settlement requests the two vendors, Apple Story and Fun Zone, to relinquish all counterfeit products. The defendants will have exactly five days to hand over any merchandise that has the Apple logo or name on it, including all marketing materials associated with the fake products.
As part of Apple’s raging crusade against counterfeiters, Apple Story and Fun Zone would ultimately be banned from manufacturing or distributing any unauthorized devices or accessories indefinently. Additionally, Apple Story would have to change their name as Apple contends the name is simply too close to its own patented “Apple Store”.
The settlement was filed in a Brooklyn District Court and is currently awaiting approval of US District Judge Kiyo Matsumoto.
