January 02, 2018
More than six months after a Florida federal judge denied La-Z-Boy a new trial following a $6 million verdict against it for failing to pay an automated footrest inventor royalties for using its patented technology, the furniture company has agreed to settle the case for $13.5 million.
March 15, 2017
La-Z-Boy Inc. urged a Florida federal judge on Tuesday to grant it a new trial after being hit with a $6 million verdict for failing to pay an automated footrest inventor royalties for using its patented technology, saying the court's "11th-hour decision" to invalidate five of its defense arguments deprived it of its Seventh Amendment rights.
March 01, 2017
A Florida federal judge on Wednesday tied up the loose ends in a suit over La-Z-Boy's alleged failure to properly pay royalties to an automated footrest inventor, for whom a jury found in March, ordering the furniture maker to cough up $6 million in damages and interest.
January 06, 2017
A Florida federal court has shot down all of La-Z-Boy's last attempts to ward off a $5.8 million jury verdict, invalidating five defenses and holding that the furniture maker must face the March judgment for not paying royalties to an automated footrest inventor.
March 16, 2016
A Florida federal jury on Tuesday awarded $5.78 million to a patent-holding company after finding that La-Z-Boy did not adhere to an agreement the two entities struck over technology that powers the footrest of reclining furniture.