secwatch.observer — SEC 8-K summary
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Issuer:     VPR Brands, LP. (VPRB)
CIK:        0001376231
Form:       8-K
Filed at:   2022-01-04T23:59:59+00:00
Accession:  0000891092-22-000011
Event type: litigation
Sentiment:  neutral
Materiality: 0.35
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VPR Brands settles patent infringement suit with PHD Marketing for $85,000
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- PHD will pay VPR $85,000 by Dec 31, 2021 to settle patent infringement claims.
- VPR grants PHD a non-exclusive, non-assignable license to U.S. Patent No. 8,205,622.
- Lawsuit to be dismissed with prejudice; each party bears its own attorneys' fees and costs.
- No admission of liability by either party in the settlement agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376231/000089109222000011/0000891092-22-000011-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376231/000089109222000011/vprb8k1221.htm
  HTML page:      https://secwatch.observer/filing/0000891092-22-000011

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer