Peloton Wins Attorneys’ Fees in IP Dispute
PTON was awarded $4,299,163.56, plus interest, for the attorney’s fees, costs, and expenses it incurred fending off a patent infringement suit brought in 2016 by plaintiff VR Optics. Peloton had hired Villency Design Group in 2012 to design its interactive stationary bike, but when Villency’s owners discovered an existing Microsoft patent that the new bike might infringe upon, they formed VR Optics, acquired ... Log in to view full article.