secwatch.observer — SEC 8-K summary
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Issuer:     VPR Brands, LP. (VPRB)
CIK:        0001376231
Form:       8-K
Filed at:   2022-03-23T23:59:59+00:00
Accession:  0000891092-22-001022
Event type: litigation
Sentiment:  neutral
Materiality: 0.40
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VPR Brands settles patent suit with XL Vape, VGOD, Saltnic for $155k; grants license
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- XL Vape, VGOD, and Saltnic collectively pay VPR $155,000 to settle patent infringement action.
- VPR grants each XL Party a fully paid-up, royalty-free, non-exclusive license to U.S. Patent No. 8,205,622.
- Parties exchange mutual general releases; each bears its own legal costs.
- Settlement resolves litigation in the Central District of California; effective March 18, 2022.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376231/000089109222001022/0000891092-22-001022-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376231/000089109222001022/vprb8krf.htm
  HTML page:      https://secwatch.observer/filing/0000891092-22-001022

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