Beyond Meat hit with $15.4M disgorgement award in trademark case; actual damages cut to $37,500

BEYOND MEAT, INC.

• Court entered judgment against Beyond Meat totaling $15,437,500, comprising $37,500 actual damages plus $15.4M disgorgement of profits.
• Court reduced jury's $23.5M actual damages to $37,500 but upheld full $15.4M disgorgement of Beyond Meat's profits.
• Court denied Sonate's motions for prejudgment interest and for an increase in the disgorgement award.
• Both Beyond Meat and Sonate may pursue further motion practice and/or appeals related to the $15.4M judgment.