- Xenith CEO says no settlement reached in advertising dispute
- Schutt said it dropped case in anticipation of settlement
Xenith Inc. said it welcomed the decision by competing football-helmet maker Schutt Sports Inc. to drop its lawsuit over advertisements touting the safety of Xenith’s products.
Schutt sued Detroit-based Xenith Wednesday claiming it misused results of tests commissioned by the National Football League and the NFL Players Association to hype its Epic-model helmet as the safest. Friday, the case was dropped in anticipation of a settlement, Schutt Chief Executive Officer Robert Erb said.
“There was no settlement,” Xenith CEO Joe Esposito said in a statement late Friday. “The lawsuit was never officially served to us but we are glad this matter is behind us and we look forward to a great weekend of football.”
The case is Kranos I.P. Corp. v. Xenith LLC, 16-cv-00837, U.S. District Court, Southern District of New York (Manhattan).