Friday, September 16, 2011

Apple strikes settlement with NYC vendors accused of selling counterfeit products

Apple strikes settlement with NYC vendors accused of selling counterfeit products

Remember that lawsuit Apple filed against a pair of Queens stores accused of selling fake iDevice accessories. Well, it looks like it's coming to a close. According to Reuters, Cupertino has reached a settlement with the two Chinatown-area retailers, both of which have agreed to hand over all products emblazoned with the Apple name or logo. If the settlement is approved, the two vendors, Fun Zone and Apple Story, will have five days to clear all counterfeit iPod and iPhone accessories from their inventories, along with any allegedly trademark-infringing promotional materials.

Engadget, Apple strikes settlement with NYC vendors accused of selling counterfeit products

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