Hitachi Drops Rare-Earths Probe Following Settlements

Law360, New York (June 5, 2013, 5:21 PM EDT) -- Following a slew of settlements, Hitachi Metals Ltd. asked the U.S. International Trade Commission on Tuesday to fully terminate an investigation into claims that rival companies were importing products containing Hitachi's patented rare-earth magnet technology.

Hitachi originally accused Bose Corp., DeWALT Industrial Corp., Adidas America Inc. and 25 others of violating Section 337 of the Tariff Act of 1930 by shipping products that infringed four of its patents, but settled with defendant after defendant in recent months.

By Tuesday, the only remaining defendants were Beats Electronics...
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