The legal spat between discount retailer Monoprice and audio system maker Klipsch ended almost as soon as it started.
In March, Klipsch accused Monoprice of patent infringement for selling a Monoprice-branded home theater speaker system that was virtually identical to top-rated system made by Klipsch subsidary Audio Products International, under its Energy brand. Friday morning, Klipsch lawyer, Dean E. McConnell, told CNET via email that the dispute had been resolved on Thursday.
"The litigation between Klipsch Group, Audio Products, and Monoprice has been amicably resolved," McConnell wrote. "The terms and conditions of the settlement are confidential and … Read more