A small Florida chain of souvenir stores faced a setback at the Second Circuit on Thursday as their attempt to revive allegations concerning the ownership concealment of trademark registrations was dismissed. The court concluded that the chain “should have uncovered the alleged fraud” in an earlier, decade-old lawsuit, which had since been settled. This ruling underscores the importance of prompt and thorough diligence in legal disputes related to intellectual property. For more details, you can read the full article here.