Shure Files Lawsuit Against ClearOne for Patent Infringement and Intentionally Making False Claims to Mislead Customers
ClearOne, Inc. (CLRO)
Last clearone, inc. earnings: 11/8 09:10 am
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Source: Business Wire
NILES, Ill.--(BUSINESS WIRE)--Shure, Inc. today announced that it has filed a lawsuit against ClearOne (NASDAQ: CLRO) in the U.S. Court for the District of Delaware. The lawsuit alleges ClearOne’s BMA CT product, launched in February of 2019, infringes Shure’s U.S. Patent No. 9,565,493 (“‘493 Patent”). The ‘493 patent, which protects the architecture of Shure’s ceiling array microphone offering powerful acoustic benefits with flexible mounting options and minimal aesthetic drawbacks, underlies Shure’s market-leading MXA910 product line.Furthermore, Shure alleges that ClearOne engaged in unfair competition, tortious interference, deceptive trade practices and false advertising by intentionally making false, deceptive and/or misleading remarks in the marketplace about the status and availability of Shure’s MXA910 in order to deter customers from purchasing these products. Specifically, Shure alleges that ClearOne is leveraging ongoing litigation between the two companies to intentio
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News
- ClearOne, Inc. (NASDAQ: CLRO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ClearOne, Inc. (NASDAQ: CLRO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ClearOne, Inc. (NASDAQ: CLRO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ClearOne, Inc. (NASDAQ: CLRO) is now covered by analysts at StockNews.com. They set a "hold" rating on the stock.MarketBeat
- ClearOne Third Quarter 2024 Earnings: US$0.086 loss per share (vs US$0.056 loss in 3Q 2023) [Yahoo! Finance]Yahoo! Finance
CLRO
Sec Filings
- 12/3/24 - Form 8-K
- 12/2/24 - Form 4
- 12/2/24 - Form 4
- CLRO's page on the SEC website