Taser Rival Can't Zap $40M Competition Suit Over PR

Law360, New York (August 3, 2012, 6:49 PM EDT) -- A Nevada federal judge on Friday refused to throw out Taser International Inc.’s unfair competition and securities fraud suit alleging a rival company issued misleading press releases that maligned Taser’s patents and caused it to lose $40 million in market capital.

U.S. District Judge Miranda M. Du denied Stinger Systems Inc.’s Sept. 9 motion for partial summary judgment on Lanham Act and securities claims. The suit alleges Stinger issued a series of press releases in 2007 and 2008 that raised doubts about Taser’s stun-gun patents and...
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