Starbucks, NY Cafe Settle 'Unicorn Frappuccino' TM Row

By Dave Simpson (September 5, 2017, 10:04 PM EDT) -- Starbucks and the small Brooklyn cafe that accused the coffee giant of stealing the name and concept for its "Unicorn Frappuccino" settled a trademark lawsuit for an undisclosed amount, according to documents filed in New York federal court Tuesday.

Montauk Juice Factory Inc., the parent company of The End, a single shop in the trendy Williamsburg neighborhood of Brooklyn, filed an infringement lawsuit in May, demanding $10 million and claiming the rainbow beverage Starbucks Corporation launched in April is a copycat of the colorful "Unicorn Latte" that the shop started selling last year.

The one-page filing claims the parties reached an...

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