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In June 2010, Hasbro sued Buzz Bee Toys and Lanard Toys for patent violation of its Nerf and Super Soaker brands. The lawsuit, filed in the United States District Court for the District of Massachusetts, stated that Buzz Bee and Lanard infringed two U.S. patents for the Nerf N-Strike Disc Shot blaster, while Buzz Bee infringed on a Super Soaker ...
Super Soaker is an American brand of recreational water gun that uses manually-pressurized air to shoot water with greater power, range, and accuracy than conventional squirt pistols. The Super Soaker was invented in 1989 by engineer Lonnie Johnson. The prototype combined PVC pipe, acrylic glass, and an empty plastic soda bottle. [1]
The lawsuit stated that Buzz Bee and Lanard infringed two U.S. patents for the Nerf N-Strike Disc Shot blaster, while Buzz Bee infringed on a Super Soaker patent. [46] In November of that year, Hasbro won its patent case against Buzz Bee with the latter banned from producing certain water guns.
In February 2013 Johnson filed suit against Hasbro after he discovered that he was being underpaid royalties for the Super Soaker and several Nerf toys. [20] In November 2013, Johnson was awarded nearly $73 million in royalties from Hasbro Inc. in arbitration. According to Hasbro, the Super Soaker is approaching sales of $1 billion. [21]
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Super Soakers created some of 1990s kids’ favorite memories. If you still have your original ones, now could be the time to sell. A Super Soaker Monster XL sold for $500 in 2016, while a vintage ...
The median net worth among U.S. households was $192,900, according to the Federal Reserve’s latest Survey of Consumer Finances.But for households in the 90th to 100th percentile of usual income ...
In the 1990s, Larami's Super Soaker was the leading brand of water guns. In 2002, Larami was acquired by Hasbro [4] and subsequently terminated a number of Larami engineers.In 2003, the former Hasbro engineers started a company called Buzz Bee Toys and created the Water Warriors brand.