Point 3 Takes Shot At Nike Over Dwyane Wade Sneakers

Law360, New York (April 22, 2011, 6:23 PM EDT) -- Sports gear manufacturer Point 3 Basketball Inc. sued Nike Inc. on Thursday in New York for allegedly infringing its trademarked logo by putting a virtually identical design on its new Dwyane Wade-endorsed Air Jordan sneakers.

The basketball athletic apparel company targeted Nike's decision to use a highly similar stylized number three on its upcoming Dwyane Wade shoe, which is set to go on sale in early May.

Point 3 — which holds a U.S. trademark for the number with a dot located in the middle of...
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