LP Building Solutions And Huber Engineered Woods LLC Reach Settlement In Patent Infringement Litigation
Portfolio Pulse from Benzinga Newsdesk
LP Building Solutions and Huber Engineered Woods LLC have reached a settlement in a patent infringement litigation. As per the agreement, LP will continue to manufacture and sell LP WeatherLogic® Air & Water Barrier.
August 07, 2023 | 1:17 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
LP Building Solutions (LPX) has settled a patent infringement litigation with Huber Engineered Woods. LPX will continue to manufacture and sell LP WeatherLogic® Air & Water Barrier.
The settlement of the patent infringement litigation removes a potential legal risk for LP Building Solutions. The company's ability to continue manufacturing and selling LP WeatherLogic® Air & Water Barrier is a positive outcome, potentially leading to a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100