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VPR Brands settles patent lawsuit with MONQ for $275,000; dismisses action
VPR Brands, LP.
- Settlement sum $275,000 payable over 15 months; first $25k due October 10, 2022.
- VPR grants MONQ non-exclusive license to U.S. Patent No. 8,205,622 after full payment.
- Parties file stipulation of dismissal with prejudice in U.S. District Court, Middle District of Tennessee.
- Each party bears own attorney's fees; no admission of liability.