BOYNTON BEACH, Fla., April 20, 2017 /PRNewswire/ -- The United States Court of Appeals for the Sixth Circuit unanimously ruled yesterday in favor of Exacta Systems in the trademark lawsuit originally filed by the Oaklawn Jockey Club and several Stronach Group racetracks. The decision is the latest legal victory for Exacta in a string of frivolous lawsuits brought by entities owned by the Stronach Group, which owns Historic Horse Racing competitor PariMax. Earlier this year, another Federal Court unanimously upheld the dismissal of several patent infringement claims brought by Stronach Group/AmTote against Exacta.
In the current action, the Plaintiffs alleged that Exacta had infringed upon their trademarks by using their racetracks' names to identify the location where historic horse races had taken place. The Court of Appeals unanimously upheld the decision of the United States District Court for the Western District of Kentucky, which dismissed the trademark complaint in an opinion issued last year.
"We are extremely grateful that the Court of Appeals unanimously upheld the decision of the U.S. District Court to dismiss the trademark infringement claims brought by several Stronach Group racetracks," commented Exacta President Jeremy Stein. "We went to great lengths to build Exacta the right way, making sure to respect established law, racing commission regulations, and ethical business practices. Now that these two main lawsuits are behind us, we would welcome the Stronach Group to join with us in an effort to grow and expand Historic Horse Racing for the benefit of the entire racing and breeding industries."
For more information about the company and the Exacta historic horse racing system, visit www.exactasystems.com or the Exacta Systems Facebook page.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/federal-appeals-court-rules-for-exacta-in-trademark-lawsuit-300442801.html
SOURCE Exacta Systems