Oakley Sues Nike, Alleges Patent Infringement
Oakley Inc. sued Nike Inc., claiming it infringed a patent used in Oakley’s X Metal line of sunglasses.
In a suit filed in federal court in Los Angeles, Oakley claims Nike has been using Oakley’s decentered noncorrective lens technology, which provides minimal prismatic distortion, in its line.
The suit seeks unspecified damages and a court order barring Nike from producing and marketing the sunglasses. Representatives of Beaverton, Ore.-based Nike were not immediately available for comment.
On the NYSE, Class B shares of Nike fell 64 cents to close at $39.38, while Foothill Ranch-based Oakley was unchanged at $23.
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