
Animal feed producer sues distributor on counterfeit claims
The speciality feed maker, based in California, claims VBC Peptide Inc, also based in California, has been developing counterfeit feed in China and also selling product in counterfeit Vitech packaging. It also states the practice was occurring while the two companies negotiated a distribution deal in 2014.
Vitech said it has lost more than $2m in sales as a result of the counterfeit actions. It is suing Peptide for fraud and to establish that the distribution deal is void.
The allegations come as a result of Vitech discovering there was a discrepancy in the sales figures. It found that sales to Peptide had dropped yet sales of Vitech products in China were unchanged. When queried, Vitech was told there was excess product in storage.
Related Posts
Sales of cigarettes at duty-free stores encouraging smuggling: civic groups
Several civic groups yesterday urged the government to halt sales of duty-free...
Top States for Cigarette Smuggling
A very large number of cigarettes sold in the United States are smuggled in and...
Alibaba Reveals a New Kind of QR Code to Fight Counterfeits
CHINESE E-COMMERCE GIANT Alibaba has a fake goods problem. The company knows it,...
Maha: Liquor worth around Rs 13.43 lakh seized in Kolhapur, 2 held
Kolhapur, Nov 3 (UNI) The Local Crime Branch (LCB) on Sunday seized from two...