Advanced Search

Merit Diamond Resolves Case Against Sterling Jewelers, Uni-Creation

Aug 22, 2012 2:15 PM   By Merit Diamond
Comment Comment Email Email Print Print Facebook Facebook Twitter Twitter Share Share

RAPAPORT... Press Release: Merit Diamond Corporation (Florida) has amicably resolved its lawsuit against Sterling Jewelers Inc. and Uni-Creation Inc., which was filed in the United States District Court for the Southern District of Florida.

Sterling and Uni-Creation deny any liability or admission of wrongdoing in the lawsuit. As part of the settlement, the court entered a Consent Final Judgment, pursuant to which Sterling and Uni-Creation agree to refrain from manufacturing or selling jewelry pendants bearing the design of pieces from Merit’s Sirena® Collection.

Pursuant to the settlement, Uni-Creation also agreed to pay Merit approximately $40,000 to cover Merit’s attorney’s fees and the profits earned by the defendants in connection with sales of the accused jewelry pendants.

Rapaport News is not responsible for, and does not endorse, the content of any third party press release. This is not a Rapaport Press Release. It has been provided as additional information for our clients.

Tags: merit, Merit Diamond, sterling
Similar Articles
Comments: (0)  Add comment Add Comment
Arrange Comments Last to First
© Copyright 1978-2018 by Martin Rapaport. All rights reserved. Index®, RapNet®, Rapaport®, PriceGrid™, Diamonds.Net™, and JNS®; are TradeMarks of Martin Rapaport.
While the information presented is from sources we believe reliable, we do not guarantee the accuracy or validity of any information presented by Rapaport or the views expressed by users of our internet service.