VPR Brands LP (VPRB)

[Potfolio]

Recent Lawsuits -Updated Jan 11

After the 2nd disclosed settlement, I thought I'd update the lawsuits I see and recent activity. The biggest ones are the first 2 and both very much in play, and likely feeling the heat as smaller players have settled.


VPR Brands LP v. Jupiter Research LLC ***The largest player***
- Jupiter has requested a stay pending inter parties review
- VPRB to respond this week- interesting to see the strategy play out here
- Jupiter does $200M+ in vaporizers... meanwhile they have settled other cases with 2 companies doing a combined $1.5-2M annually (based on what I could find on the internet) for $400K. This case is the most important.

VPR Brands, LP v. Cool Clouds Distribution, Inc.
- Last Activity Oct 13, 2021
- Entered protective order - moving towards trial beginning May 2022
- Trial is now scheduled for Dec 2022 with discovery coming before that

VPR Brands, LP v. XL Vape, LLC
- Last Activity July 27
- Lawsuit ended without prejudice, unknown settlement

VPR Brands, LP v. BAE Worldwide LLC
- Last activity: Nov 29, 2021
- Nov 15 - "Parties discussed settlement but have not reached agreement"
- Requested motion for judgement of pleadings and VPR has until 12/8 to respond.
-Jan- Case was agreed by both parties to be dismissed - unsure of settlement at this time.

VPR Brands, LP v. PHD Marketing Inc. (settled with below)

VPR Brands, LP v. HQDTECH USA LLC
- Notice of settlement Nov 12, just hit news today.
- NEPA 2/Wholesale

VPR Brands, LP v. Myle Vape Inc. et al
- Schedule order coming up on 2/11...trial likely later in 2022 unless settlement comes sooner.

VPR Brands, LP v. MONQ, LLC
- Jury Trial Q1-2023 but parties remain open to negotiations
- Jan they requested motion for inter party review, VPRB to respond by Jan 18

VPR Brands LP v. B&G Trading LLC
- Last activity Oct 12, 2021
- VPR Stipulation to dismiss without prejudice on Oct 8
- Settlement unknown