litigation
confidence high
sentiment neutral
materiality 0.40
Align Technology settles patent and antitrust litigation with 3Shape A/S
ALIGN TECHNOLOGY INC
- Settlement resolves litigation that began in November 2017 involving patent and antitrust claims.
- Patent infringement cases were in District of Delaware and Eastern District of Texas; 3Shape had an antitrust claim.
- Terms are confidential; settlement not expected to materially affect Align's operations or financial results.
- Invisalign customers may continue using certain 3Shape Trios scanners for case submissions outside US, China, Japan.