
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
Strike force seeks to stop tobacco smuggling
New York is adjacent to several states where tobacco taxes are much lower...
Turkish citizen sentenced in St. Louis to 27 months in federal prison for cancer-drug fraud
ST. LOUIS — A Turkish citizen has been sentenced to 27 months in prison for...
Ludhiana customs seizes 29.84 lakh cigarettes worth Rs 3.08 crore
LUDHIANA: In a major anti-smuggling action customs commissionerate Ludhiana has...
Textiles sector vulnerable to increasing counterfeiting.
Ramesh Chand Meena, Minister for Food, Civil Supplies & Consumer Affairs,...


