North Carolina Federal Judge Rules in Altria's Favor
According to Bloomberg Law, a federal judge in North Carolina has ruled that Vuse infringed on three patents belonging to Altria, including one related to the pod component used in Vuse Alto, in a jury verdict from September (read related article here). As a result, R.J. Reynolds Vapor Co. must pay Altria 5.25% of the sales profits from its popular Vuse Alto e-cigarettes until 2035.
According to reports, following the favorable $95 million verdict for Altria (read related article by clicking the link), they are now requesting a 10.5% royalty fee on the sales profit of Vuse Alto, until the patent expires in 2035. However, the judge only approved half of that amount, which is 5.25%.
Reference:
Following a recent patent verdict, Reynolds has been ordered to pay a 5% royalty on all profits earned from vape sales.
RJR Vapor has been denied a new trial in the $95 million verdict against Altria.
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