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Stock Market & Financial Investment News

News Breaks
January 28, 2014
10:01 EDTTRSannounces dismissal of patent infringement, trade secret misappropriation suit
TriMas announced that the Federal District Court for the Eastern District of Arkansas granted summary judgment for Cequent Performance Products in a patent infringement and trade secret misappropriation lawsuit filed by MCB Sales & Installation Services. The suit alleged that Cequent infringed a U.S. patent owned by MCB and trade secret misappropriation. At the pleading stage, the Court dismissed all of MCB’s claims except for the patent infringement and misappropriation of trade secret claims. After discovery, Cequent moved for summary judgement on those remaining claims. The Court granted summary judgment of no patent infringement and no trade secret misappropriation in favor of Cequent, ordered MCB to pay Cequent’s costs, and entered final judgment dismissing the case in its entirety.
News For TRS From The Last 14 Days
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January 29, 2015
08:13 EDTTRSTriMas receives approval to manufacture ring type joints and bolts in U.K. plant
TriMas Corporation announced that its Lamons business was recently approved to manufacture API 6A ring type joints out of its Wulfrun Wolverhampton facility in the United Kingdom, which previously specialized in fasteners. Lamons is also the first company in Europe approved to manufacture the API 20E fasteners used in subsea critical applications, and the first company in the world approved to manufacture to API 6A, 17D, 20E and Q1 quality systems.

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