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Avery Dennison Announces Settlement of Litigation with 3M

Press release from the issuing company

Pasadena, CA - Avery Dennison Corporation announced today that patent and antitrust litigation against 3M Company has been settled by agreement of the parties.

The litigation began when 3M alleged that Avery Dennison infringed 3M patents and sought a preliminary injunction to prevent Avery Dennison from selling Avery Dennison™ OmniCube™, a Type XI sheeting product used to increase nighttime visibility of road signs and other highway and transportation products. The court denied 3M's request, and after Avery Dennison brought claims of its own for patent infringement and antitrust violations, the parties agreed to dismiss all three pending cases.

Avery Dennison will continue to sell its OmniCube products worldwide.

“We’re pleased to have reached a mutually acceptable agreement, and we look forward to continuing to offer customers our innovative OmniCube product, the only omnidirectional Type XI sheeting available today,” saidDonald A. Nolan, president of Avery Dennison Materials Group.

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