
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
Maharashtra: Raids conducted in Navi Mumbai, 21 lakh imported cigarettes worth Rs 4 crore seized
On February 28, imported cigarettes worth Rs 4 crore seized from Jawaharlal Nehru...
1.5-kg gold seized at Amritsar airport
Customs department has arrested a passenger on his arrival from Sharjah, with...
Assam Rifles foils liquor smuggling, seize 2,880 bottles of alcoholic beverages
Assam Rifles foiled liquor smuggling in Chandel district and recovered 2,880...
Ajman Police seize 120,000 counterfeit products of top fashion brands
Ajman: The General Command of Ajman Police seized nearly 120,000 fake items with...