Business Services Industry
Callaway Golf Wins $2.2 Million Dollar Verdict for False Advertising against Dunlop.
Canadian Corporate News, August, 2004
CARLSBAD, Calif., Aug 12, 2004 (CCNMatthews via COMTEX)
A jury in Wilmington, DE, today returned a verdict of $2.2 million in favor of Callaway Golf Company (NYSE:ELY) and against Dunlop Slazenger Group Americas Inc. (Dunlop) based on a finding that Dunlop willfully engaged in false advertising when it claimed in 2001 and 2002 that the Maxfli A10 golf ball was the "Longest Ball on Tour."
Additionally, the jury rejected Dunlop's counterclaim that Callaway Golf Company used any Dunlop trade secrets.
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