February 05, 2010
It was announced last week that gaming company Konami and trading card manufacturer Upper Deck have settled their dispute regarding counterfeit Yu-Gi-Oh! cards. Last year Konami sued Upper Deck after learning that Upper Deck had been manufacturing and distributing hundreds of thousands of Yu-Gi-Oh! cards without permission by the holder of Yu-Gi-Oh! rights, Konami. As noted within the recent BloggingStocks article (link HERE), Konami was seeking $50 to $150 million in damages from Upper Deck. According to the New York Post (article link HERE), Upper Deck CEO Richard McWilliams took the Fifth during trial, but as part of his company’s settlement with Konami, Upper Deck has admitted that it willfully counterfeited the trading cards. According to Wikipedia, Yu-Gi-Oh! originated as a manga cartoon back in 1996, and has grown to several spin-off television series, comic books, movies, and games, as well as trading cards (website link HERE) spanning several dozen series.
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