Neogen Wins Gold Nugget Trademark Lawsuit
LANSING, Mich., Nov. 23 /PRNewswire/ -- Neogen Corporation (Nasdaq: NEOG - news) announced today that it has won a
three-week trial involving important company trademarks against two defendants, Arthur J. Trickey, d/b/a Manufacturing Contractors,
Inc., and Arthur M. Trickey.
A jury in U.S. District Court in Grand Rapids, Mich., found unanimously in favor of Neogen on four of its claims, including fraudulent
misrepresentation. The jury also unanimously rejected all of the counter-claims filed by the defendants against Neogen.
The jury's decision has two immediately beneficial ramifications for Neogen, its investors and distributors:
The decision means Neogen can continue to use its popular Gold Nugget® trademark for its line of quality, over-the-counter
equine products, and in addition, the Company retains the rights to individual product trademarks, including two of Gold
Nugget's top performers, Gnat-Away™ and ThrushCrusher™;
The decision also puts a definitive end to a three-week trial that followed a prolonged period of litigation between Neogen
and the Trickeys.
''The jury clearly established Neogen is the owner of and has the sole rights to its registered trademark for Gold Nugget, and
trademarks for individual Gold Nugget products,'' said James Herbert, Neogen's president. ''The decision puts an end to this
distraction for the Company, and also halts the mounting legal fees involved -- which have reached the mid-six figures.''
Neogen Corporation is a Lansing, Mich., based company that develops and markets products and services dedicated to food and
animal safety. The Company's diagnostic products are used by food and animal producers to test for foodborne bacteria, natural
toxins, drug residues, plant diseases and quality assurance. |
