In a recent ruling, the Second Circuit Court has declared that supplement manufacturer Elysium Health cannot evade paying a settlement it agreed on with another company regarding a false-advertising conflict. Intriguingly, this settlement was reached just hours prior to a district court ruling that was in favor of Elysium Health.
The details surrounding the lawsuit appear to stem from allegations leveled against Elysium Health, accusing it of engaging in false advertising practices. The rival company that Elysium Health was in dispute with remains unidentified in the available information. The settlement, whose terms remained undisclosed, was agreed upon with said company just before a district judge ruled favorably on Elysium Health’s behalf.
The timely intervention of the Second Circuit Court, however, means that Elysium Health will have to adhere to the settlement agreement, irrespective of the subsequent district court ruling in its favor.
For more in-depth information on the case, legal professionals can refer to the ruling details and commentary on the original report by Law360.