Cequent Gains Favorable Settlement in Lawsuit

Horizon Global Corp. today (July 21) announced that its subsidiary Cequent Performance Products Inc. reached a favorable settlement with Wyers Products Group Inc., in a patent infringement lawsuit. According to a news release, Wyers Products, which operates under the Trimax brand name, agreed to pay Cequent guaranteed payments totaling approximately $1 million over the next several years […]