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Johnson Research & Development Co., Inc. v. Hasbro, Inc.
Case Number:
1:13-cv-00451
Court:
Nature of Suit:
Judge:
Firms
Companies
Sectors & Industries:
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November 01, 2013
Hasbro To Pay $73M In Royalties To Nerf Gun Licensor
An arbitrator has ordered Hasbro Inc. to pony up $72.9 million in royalties in connection with its license agreement with product development firm Johnson Research & Development Co., the licensor of its Nerf line of toy guns, Hasbro announced Thursday.
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February 12, 2013
Hasbro Soaked With Suit Over Water Gun Royalties
Product development firm Johnson Research & Development Co. Inc. sued Hasbro Inc. in Georgia federal court Monday, accusing the toy company of stiffing it on royalties for the famous Super Soaker water gun under a license agreement giving Hasbro the right to manufacture the toy.