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March 29, 2013
09:40 EDTMMM, AVY3M and Avery Dennison conclude patent infringement and related lawsuits
3M (MMM), along with its wholly-owned subsidiary 3M Innovative Properties, announced that they have successfully concluded their lawsuits against Avery Dennison (AVY) relating to retroreflective sheeting products used on traffic signs, pavement markings and other traffic control products. 3Mís patent infringement litigation against Avery has been resolved with the court entering a consent judgment in favor of 3M. Averyís separate claims of patent infringement and antitrust violations against 3M have been dismissed by the court with prejudice.
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