Business
Complaint for Trademark Infringement
Complaint for Trademark Infringement.
About this update from System1 Group Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7167R\n System1 Group PLC\n 09 November 2021\n \n \n \n \n 9 November 2021\n \n \n System1 Group PLC (AIM: SYS1)\n \n \n (\"System1\" or \"the Company\")\n \n \n \n \n \n \n \n \n Complaint for Trademark Infringement \n \n \n \n \n \n System1 announces that on 27 September 2021 its US and UK subsidiaries, System1 Research Inc. and System1 Research Limited, filed a complaint for trademark infringement, unfair competition and deceptive trade practices at the United States District Court Southern District of New York against System1 LLC (\"the Opposing Party\") over their infringing use of the mark \"SYSTEM1\". The Company is being advised in this matter by Norton Rose Fulbright, an international law firm.\n \n \n \n \n \n The Opposing Party continues to use the \"SYSTEM1\" name and mark and has announced that it proposes to expand such use by becoming a NYSE-listed company through a business combination with Trebia Acquisition Corp. \n \n \n \n \n \n The Company takes the protection of its unique intellectual property very seriously and believes such ongoing and expanding use by the Opposing Party is likely to cause significant confusion with System1 Group PLC and its registered marks and, moreover, constitutes intentional infringement, in violation of relevant US federal and state trademark laws as well as trademark laws in the UK, the EU and other countries.\n \n \n \n \n \n The Board believes that the Company's case against the Opposing Party is compelling and will issue further updates in due course. A summary of the Company's registered trademarks is attached to this release.\n \n \n \n \n \n \n \n \n \n \n \n The Company can be found at \n \n www.system1group.com\n \n . \n \n \n For further information please contact:\n \n \n \n \n \n \n \n \n \n System1 Group PLC\n \n \n \n \n \n \n \n +44 (0)20 7043 1000\n \n \n \n \n \n \n \n \n \n \n \n \n John Kearon, Founder and Executive President\n \n \n Chris Willford, Chief Financial Officer\n \n \n \n \n \n Canaccord Genuity Limited +44 (0)20 7523 8000\n \n \n \n \n \n Simon Bridges / Andrew Potts\n \n \n SUMMARY OF THE COMPANY'S REGISTERED TRADEMARKS CONTAINING \"SYSTEM1\" · EU Registration No....