Innovative Sports accused Columbia of stealing its trade secrets of heated clothing technology. But Tuesday night both sides signed and finalized the documents that dismiss the case.
Innovative Sports’ CEO says he’s glad to see the matter put to rest.
“I figured it was better for us to move forward, not work with people that misappropriate technologies or collude, just take positive things forward and make the things that we made previous to this event,” said Colby Taylor, Innovative Sports CEO.
Columbia reps say the dismissal and withdrawal of all the claims confirms their argument that this lawsuit was completely frivolous.
Columbia will not make any payment to Innovative Sports.