secwatch.observer — SEC 8-K summary
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Issuer:     VPR Brands, LP. (VPRB)
CIK:        0001376231
Form:       8-K
Filed at:   2022-10-03T23:59:59+00:00
Accession:  0001213900-22-061246
Event type: litigation
Sentiment:  neutral
Materiality: 0.65
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

VPR Brands settles patent lawsuit with MONQ for $275,000; dismisses action
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1376231/000121390022061246/0001213900-22-061246-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1376231/000121390022061246/ea166674-8k_vprbrands.htm
  HTML page:      https://secwatch.observer/filing/0001213900-22-061246

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