Zynga (ZNGA), Bang with Friends Enter Trademark Settlement
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Zynga (Nasdaq: ZNGA) saw a slight bit of upside Monday afternoon after it was reported that the company has settled a notable lawsuit.
From a court filing today, Zynga and Bang with Friends settled a trademark infringement case. Zynga filed the suit at the beginning of the summer, saying Bang with Friend chose its name with
One rep from Zynga told AllThingsD today that
Shares of Zynga are down 2.4 percent.
From a court filing today, Zynga and Bang with Friends settled a trademark infringement case. Zynga filed the suit at the beginning of the summer, saying Bang with Friend chose its name with
Zynga’s game trademarks fully in mind.
One rep from Zynga told AllThingsD today that
Zynga Inc. and Bang With Friends, Inc. are pleased that they have reached an amicable resolution of their dispute...Although the terms of the settlement are confidential, Bang With Friends, Inc. acknowledges the trademark rights that Zynga has in its WITH FRIENDS marks and will be changing its corporate name and rebranding its services in the near future.
Shares of Zynga are down 2.4 percent.
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