Peerless Industries, Inc., the Illinois-based manufacturer of mounts, accessories and digital content delivery solutions, has sued NingBo Loctek Visual Technology Corporation, a Chinese manufacturer of TV mounts, for infringement of five different patents related to flat panel mount technology and design. The lawsuit was filed in the Northern District of Illinois.
Peerless-AV said this month that Loctek has agreed to settle the lawsuit, but terms of the settlement were not disclosed.
