NEW YORK, Nov. 18, 2010 /PRNewswire/ -- CIRCA INC., the leading global buyer of fine jewelry from the public for over a decade, has filed a federal lawsuit against a company trading under the name Circa Auctions, after learning the company was using one of its trademarks.
"CIRCA INC. takes great pride in the pristine reputation it has built over the past decade and takes such matters very seriously," said Chris Del Gatto, Chairman and CEO of CIRCA INC. "We promised to pursue this matter vigorously and we are doing just that," he added.
The lawsuit was filed on November 5th, 2010 in the Federal Court of Canada against a company incorporated under the name 3805913 Canada Inc. and three of its principals including Kashif Khan, Ravi Poddar and Sampat Poddar.
According to the lawsuit, CIRCA INC. became aware that the company was passing off its goods and services under the trademark Circa and was taking advantage of CIRCA INC.'s valuable trademark rights, reputation and goodwill and causing confusion that has been threatening that reputation and good will.
In September 2010, attorneys for CIRCA INC. put the company on notice of CIRCA INC.'s rights to the trademark in association with its services. On October 13, 2010, CIRCA INC. publicly stated via press release that the company was using the CIRCA trademark without its prior knowledge, consent or authorization.
The lawsuit seeks an interim, interlocutory and permanent injunction against the defendants and includes a claim for punitive, aggravated and exemplary damages.
About CIRCA INC.
CIRCA is the leading global buyer of fine jewelry, diamonds and watches from the public. CIRCA is the only luxury brand in the jewelry-buying business, providing a premium service to clients – discreet, reliable and dedicated to the client's best interests. CIRCA is headquartered in New York City, and currently has offices in Chicago, Palm Beach, San Francisco, Washington DC and internationally in Barcelona and Hong Kong. CIRCA is a federally registered trademark in the US of CIRCA INC. For more information, visit www.circajewels.com.
SOURCE CIRCA INC.
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