LOS ANGELES — Oakley Inc. settled a lawsuit Tuesday in which it had alleged that V-2 Optic had infringed upon its trademark for air-vented goggles that minimized fogging and optical distortion.
This story first appeared in the August 7, 2002 issue of WWD. Subscribe Today.
Terms of the settlement, agreed to in federal court in San Diego, will remain confidential, the parties said.
Oakley originally filed a claim in March 2001 saying that V-2 Optic, a Carlsbad, Calif.-based firm that does business as Version Optic and Velvet Eyewear, violated trademarks for Oakley’s A Frame and soon-to-be-released Wisdom goggles with the optics of its Version “Vent” and Velvet “Flurry” goggles.
Oakley patented the dual lens technology in January 2000.
Oakley also said V-2 Optic agreed not to manufacture, import, market or sell any goggles in the future that infringe upon Oakley’s patent.
“V-2 agreed that our patent is valid and enforceable and agreed to make modifications to their lens technology to not fall within the claims of our patent,” said Greg Nelson, an attorney for Oakley. As to whether a monetary settlement was involved, he said, “I can’t talk about that.”
However, Patrick Hussey, owner of V-2 Optic, said the company had “in no way” infringed upon Oakley’s goggle patent.
“We have our own intellectual property,” he said. “In the end, each side agreed to be respectful of each other’s patents and intellectual property.”