CORONA, Calif., March 29, 2019 (GLOBE NEWSWIRE) -- Monster Energy Company ("Monster") today issued the following statement in response to media and other inquiries related to the unmeritorious trademark lawsuit filed yesterday against Monster by Vital Pharmaceuticals, Inc., d/b/a VPX Sports ("VPX"), a Florida corporation, the maker of Bang energy drinks:
Monster is confident that VPX's lawsuit will ultimately be dismissed. VPX's purported acquisition of an unrelated "Reign" trademark two weeks ago is both improper and ineffective.
VPX's lawsuit is nothing more than a frivolous and bad faith attempt to slow the national release of "Reign Total Body Fuel." The fact is, this meritless lawsuit will not impede the launch of "Reign Total Body Fuel" in any way. The facts are straightforward:
VPX's lawsuit is also an attempt to shift attention away from the lawsuit filed by Monster against VPX in September 2018 for false advertising, including false and unsupported claims that Bang contains ingredients that it does not have and provides benefits that it does not generate. Particularly telling is the fact that VPX's alleged Patent on so-called Super Creatine has been cancelled despite Bang continuing to feature such Patent on its Bang drinks. VPX also faces numerous consumer class action lawsuits for its untrue claims related to Bang.
VPX's attempt to continually delay Monster's federal lawsuit against VPX was rejected today. In addressing VPX's latest desperate, delay tactics, the district court judge ruled against VPX and observed that VPX "walked into a mess of their own making."
Media Contact:Tamara TaylorSitrick & Company310-788-2850ttaylor@sitrick.com | Investor Contact:Judy Lin Sfetcu / Roger PondelPondelWilkinson Inc.310-279-5966jsfetcu@pondel.com |
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Source: Monster Beverage Corporation