VPR Brands settles patent infringement lawsuit with Myle Vape for $125,000

VPR Brands, LP.

Settlement resolves patent infringement action (U.S. Patent No. 8,205,622) brought by VPR against Myle Vape and MVH I.
Myle to pay VPR $125,000 in two installments: $62,500 by Aug 12, 2022 and $62,500 by Aug 26, 2022.
VPR grants Myle a fully paid-up, royalty-free, non-exclusive license to the asserted patent and related patents.
Parties to file stipulation of dismissal with prejudice upon receipt of second payment; each side bears own fees.
Mutual general release of all claims related to the action.

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