The lovesac company and joybird amicably resolve patent litigation

Stamford, conn., june 27, 2022 (globe newswire) -- the lovesac company (nasdaq: love) (“lovesac” or the “company”) announced today that it has reached an agreement to amicably resolve its patent litigation against stitch industries, inc. dba joybird, a unit of la-z-boy incorporated.  the lawsuit between the parties, captioned the lovesac company v. stitch industries, inc. dba joybird, case no. 2:21-cv-09904-mcs-ks (c.d. cal.) alleged infringement of united states patent nos. 7,213,885, 7,419,220, 8,783,778, 10,123,623, 10,154,733, and 10,806,261.  the parties have reached a mutually agreeable business resolution and the lawsuit has been dismissed with prejudice.  the terms of the parties' agreement are confidential.
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