
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
Gold, Electronic Goods Worth About Rs 2 Cr Seized at Chennai Airport
Over three kilograms of gold was seized at the airport here from two passengers...
Oireachtas committee sought action on cigarette smuggling in 2013
An Oireachtasdommittee wrote to the justice minister in March 2013 highlighting...
About 18,000 convicted for IP piracy, counterfeiting in China.
BEIJING, April 11 (Xinhua) -- Around 18,000 people were convicted on charges of...
Fake money syndicate busted
POLICE in Bulawayo have smashed what appears to have been a well-orchestrated...



