COLUMBIA, Mo. – American Outdoor Brands (NASDAQ:AOUT), Inc. (NASDAQ Global Select: AOUT) has successfully resolved its patent litigation with Vista Outdoor (NYSE:VSTO) Sales LLC and Bushnell Holdings, Inc., the company announced today. The settlement concludes legal disputes concerning alleged patent infringements by both parties.
The litigation began on May 30, 2023, when American Outdoor Brands filed a complaint against Vista, claiming infringement on patents related to its Frankford Arsenal® Intellidropper® electronic powder measure. Conversely, on August 1, 2023, Bushnell countered with its own complaint, alleging that American Outdoor Brands infringed on patents through the sale of certain hunting blind products.
As part of the settlement agreement, the pending lawsuits have been dismissed. Details of the settlement have not been disclosed.
Brian Murphy, President and CEO of American Outdoor Brands, commented on the resolution, stating, "Innovation is core to our long-term growth strategy. We believe this settlement demonstrates our intent to continue protecting our proprietary designs and features, which have helped AOB build a loyal base of consumers who continue to trust our brands to help them make the most out of the moments that matter."
American Outdoor Brands is a leading provider of outdoor products and accessories for activities such as hunting, fishing, camping, and shooting. The company is known for its commitment to innovation and quality across its various brands, which include BOG®, BUBBA®, Caldwell®, and others.
The resolution of this legal matter removes the uncertainty surrounding the company's intellectual property rights and allows American Outdoor Brands to focus on its growth strategy without the overhang of litigation.
This news article is based on a press release statement from American Outdoor Brands, Inc.
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