Pudgy Penguins accused of trademark infringement by Penguin apparel brand
Summary
PEI Licensing, the owner of the established Penguin apparel brand founded in 1955, has filed a trademark infringement lawsuit against the Pudgy Penguins NFT brand in the U.S. District Court for the Southern District of Florida. PEI Licensing alleges that despite sending a cease-and-desist letter in October 2023, Pudgy Penguins continued producing and selling retail goods, including plush toys and apparel, which dilutes the value of PEI's brand. The complaint argues that Pudgy Penguins' unauthorized use of similar marks is likely to mislead consumers into believing there is a connection with PEI. PEI is seeking monetary damages, including all profits from Pudgy Penguins' sales, and has requested a jury trial.
(Source:The Block)