Nike Files $60 Million Lawsuit Against LA Firm Over Alleged Sneaker Counterfeiting

Nike has initiated a federal lawsuit demanding over $60 million from a well-known Los Angeles firm accused of crafting high-priced customized sneakers that allegedly exploit Nike’s designs and intellectual property. The sportswear titan argues that the company and its founder have gone as far as to provide “Nike Counterfeiting 101” classes to perpetuate their practices. More details about the lawsuit can be found in the original article.