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District Of Delaware Concludes That ICON's Alleged Claims Against Peleton For Statements Concerning "Innovation" Fail To State A Claim Under The Lanham Act | Fox Rothschild LLP

By Memorandum Opinion entered by the Honorable Richard G. Andrews in
Peleton Interactive, Inc. v. ICON Health & Fitness, Inc., Civil Action No. 20-662-RGA (D.Del. May 28, 2021), the Court granted in part and denied in part Peleton’s Partial Motion to Dismiss ICON’s First Amended Counterclaims. In doing so, among other things, the Court concluded that Peleton’s statements describing itself in its advertisements as an “innovator” and “hardcore technology company” are non-actionable puffery under the Lanham Act.
Id. at 13. ....

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Stocks slump, with tech leading decline; oil jumps

Stocks slump, with tech leading decline; oil jumps
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