Connect with us

Headlines

Verragio: We’re Cracking Down on Copyright Infringers

mm

Published

on

The company has collected $500,000 in damages.

Verragio, a designer of engagement rings and wedding bands, reports that it has collected over $500,000 in damages for copyright infringement.

In the past 18 months, the company has sent cease-and-desist letters and filed lawsuits against more than 30 companies which it claims advertised or sold rings infringing upon its copyrights.

Verragio stated in a press release that it has obtained court judgments or entering into private settlements in more than 15 cases, with many other matters still pending.

According to the release: “In these settlements, the targeted companies acknowledge the validity of Verragio’s rights in Verragio’s copyrights. In addition, all of the targets made a financial payment to Verragio and agreed never to manufacture any ring which might infringe upon Verragio’s copyrights and nationally recognized ring designs.”

Owner Barry Verragio said the company’s authorized retail partners “expect us to protect their investment in Verragio.”

“By protecting our intellectual property, we are maintaining not only the integrity of the brand, but also the reputation of those retailers who represent it,” he said. “We are 100 percent dedicated to supporting our retail partners and will see to it that no one benefits from our exclusive designs besides Verragio and our authorized dealers.”

Advertisement

Continue Reading
Advertisement

SPONSORED VIDEO

Wilkerson Testimonials

Retirement Made Easy with Wilkerson

The store was a landmark in Topeka, Kansas, but after 80 years in business, it was time for Briman’s Leading Jewelers to close up shop. Third generation jeweler and owner Rob Briman says the decision wasn’t easy, but the sale that followed was — all thanks to Wilkerson. Briman had decided a year prior to the summer 2020 sale that he wanted to retire. With a pandemic in full force, he had plenty of questions and concerns. “We had no real way to know if we were going to be successful or have a failure on our hands,” says Briman. “We didn’t know what to expect.” But with Wilkerson in charge, the experience was “fantastic” and now there’s plenty of time for relaxing and enjoying a more secure retirement. “I would recommend Wilkerson to any retailer considering a going-out-of-business sale,” says Briman. “They’ll help you reach your financial goal. Our experience was a tremendous success.”

Promoted Headlines

Most Popular