Judge To GoPro: Patent Infringement Case Will Go On

According to Dow Jones reports, a federal judge has denied GoPro Inc (NASDAQ: GPRO)’s motion to dismiss a lawsuit that accuses the company of allegedly infringing a patent for cube-shaped cameras, filed by C&A Marketing (the exclusive maker of Polaroid cameras) a few months ago.

Related Link: GoPro Falls On Polaroid Litigation; Action-Camera Maker May Have Copied Important Design Elements

According to C&A, GoPro’s Hero4 Session camera illegally imitates the design of its Polaroid Cube camera, released 18 months before GoPro’s latest device.

The denial of GoPro’s motion to dismiss the complaint clears the way for a trial or settlement, Dow Jones’ Jack Nicas explained.

A Troublesome Session

The Hero4 Session was not a big hit. Since it was released last July, GoPro had to cut the price in half because sales were weak. This reduction in the device’s retail price has cost the action-camera maker roughly $40 million.

Despite the bad news, shares of GoPro were up 2.8 percent on Tuesday afternoon, and 10.5 percent since the beginning of the month. The stock is down 26.6 percent year-to-date.

Disclosure: Javier Hasse holds no positions in any of the securities mentioned above.