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WEX Goes to Court: HP Sued for Alleged Trademark Misuse

WEX Inc. (NYSE:WEX) filed a federal lawsuit against HP Inc. (NYSE:HPQ) and Hewlett-Packard Development Company, L.P. in Maine federal court for infringing its trademarks. Notably, in March, HP launched its “HP Wex,” a misappropriation of WEX’s trademarks, and marketing to a customer base similar to WEX, which inevitably confuses the marketplace, as per WEX’s statement. Jessica Roy, Vice President of Financial Communications, said, “HP’s use of the “WEX” name will inevitably sow confusion in the marketplace.”  “Given the similarities between the software, fleet and data management, and employee solutions offered by WEX on the one hand, and ...