However it seems that the legal dispute between Fitbit and Jawbone appears to be over and done with. A report from The Wall Street Journal has revealed that Fitbit is dropping their lawsuit against Fitbit. The company has withdrawn their complaint against Jawbone with the US International Trade Commission in which Fitbit had sought to ban Jawbone’s products from being imported into the US.
According to Fitbit, “Jawbone appears to be a different company. SEC filings of one of its biggest investors now value Jawbone shares as worth nothing, as well as indicate that Jawbone has filed for bankruptcy or is in default.”
However a spokesperson for Jawbone has disputed Fitbit’s statement and claimed that the company had no plans to file for bankruptcy. Either way it seems that the legal battle, or at least a part of it (Jawbone had previously accused Fitbit of poaching their employees), is over.
Filed in Fitbit, Health, Jawbone, Legal and Wearable Tech.. Read more about