Rosetta Stone Inc. (NYSE:RST), a leading provider of technology-based language-learning solutions, yesterday received a positive ruling in support of its 2009 suit against Google alleging the Internet search giant allowed third parties, including counterfeiters, to use Rosetta Stone's trademark for online advertisements without permission. The April 9th ruling by the United States Court of Appeals for the Fourth Circuit reverses a 2010 dismissal by the U.S. District Court for the Eastern District of Virginia.
“We are pleased with the U.S. Court of Appeals’ opinion,” said Rosetta Stone President & CEO Stephen Swad. “We believe that the unauthorized sale of our trademarks to third parties, including counterfeiters, is wrong as it harms and confuses American consumers and infringes upon and dilutes Rosetta Stone’s trademarks. We are confident that we will ultimately prevail in this case.”
Rosetta Stone company statement:
Rosetta Stone greatly appreciates today's opinion by the United States Court of Appeals for the Fourth Circuit. Rosetta Stone is deeply concerned about trademark infringement, including the rampant problem of online counterfeiters engaging in theft of intellectual property and confusing consumers regarding the products being offered for sale. Today's important decision by the Fourth Circuit allows Rosetta Stone's efforts against such infringement to proceed. We look forward to further proceedings in this matter.To report piracy of Rosetta Stone products or inquire about the legitimacy of Rosetta Stone products, consumers can e-mail piracy@RosettaStone.com. About Rosetta Stone Inc. Rosetta Stone Inc. provides interactive solutions and cutting-edge technology that is changing the way the world learns languages. Rosetta Stone’s proprietary learning techniques are acclaimed for the power to unlock the natural language-learning ability in everyone. The company offers 30 languages, from the most commonly spoken, like English, Mandarin and Spanish, to the less widely used, like Swahili and Tagalog. Rosetta Stone solutions are used by schools, businesses, global organizations, and millions of individuals in more than 150 countries throughout the world. The company was founded in 1992 on the core beliefs that learning a language should be natural and instinctive and that interactive technology can replicate and activate the immersion method powerfully for learners of any age. The company is based in Arlington, VA. For more information, visit RosettaStone.com. "Rosetta Stone" is a registered trademark of Rosetta Stone Ltd.
Select the service that is right for you!COMPARE ALL SERVICES
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV