💙 🔷 Not impressed by Big Tech in Q3? Explore these Blue Chip Bargains insteadUnlock them all

US Olympic Committee sues Logan Paul's beverage company over trademarks

Published 07/22/2024, 07:16 PM
Updated 07/22/2024, 07:20 PM
© Reuters.
KO
-

By Blake Brittain

(Reuters) - The U.S. Olympic and Paralympic Committee has sued sports drink maker Prime Hydration, founded by YouTube personalities Logan Paul and KSI, for allegedly violating its trademark rights with an Olympic-themed ad campaign featuring Team USA basketball player Kevin Durant.

The lawsuit was filed in Colorado federal court on Friday, one week before the 2024 Summer Olympics open in Paris. It said that Prime's use of Olympic trademarks will confuse consumers into thinking that the committee endorsed the brand.

Spokespeople for Prime and attorneys and a spokesperson for the Olympic Committee did not immediately respond to requests for comment on the complaint on Monday.

YouTubers Paul and KSI, whose given name is Olajide Olayinka Williams Olatunji, launched Prime in 2022. The lawsuit said that Prime had introduced an Olympic-themed drink in collaboration with Durant, an NBA superstar and three-time gold medalist who was not named as a defendant in the complaint.

The lawsuit said Prime's use of the words "Olympic," "Team USA" and other committee trademarks on its packaging and advertising amounts to infringement. According to the lawsuit, Prime has continued to use the infringing marketing since the committee sent the company a cease-and-desist letter on July 10.

The committee said in the complaint that Coca-Cola (NYSE:KO) has the exclusive right to use its trademarks on beverages. It asked the court to order Prime to stop using its marks and requested an unspecified amount of monetary damages.

The case is United States Olympic & Paralympic Committee v. Prime Hydration LLC, United States District Court for the District of Colorado, No. 24-cv-02001.

© Reuters. FILE PHOTO: Boxing - X Series Press Conference - OVO Arena Wembley, London, Britain - August 22, 2023 Logan Paul with KSI during the press conference Action Images via Reuters/Andrew Boyers

For the Olympic Committee: James Beard, Scott Johnston and Gregory Golla of Merchant & Gould

For Prime Hydration: Not yet available

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.