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
Foreign currency worth Rs1.72 crore seized at Mumbai airport, three arrested
Jordan shoes shipped from China. Customs officials said the 400 pairs of...
Over-regulation of cigarettes threatens rule of law and Good Friday Agreement
As the MP for North Antrim, I am still reeling from the news that 1,000 jobs in...
35 lakh tablets, 2 quintal tramadol powder seized
As many as 35 lakh tablets and two quintals of tramadol powder were seized by the...
Counterfeit of Luxury goods
THE grand golden doors of 500 Pearl Street, in Manhattan, have welcomed such...