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Old     (jmanolinsky)      Join Date: Dec 2005       09-22-2014, 10:11 AM Reply   
Malibu pays $20M to settle lawsuit, restates earnings.

http://www.knoxnews.com/business/mal...nings_74881444
Old     (TomH)      Join Date: Jan 2014       09-22-2014, 11:23 AM Reply   
Ouch.

I'm sure that won't affect new boat prices.....
Old     (timmyb)      Join Date: Apr 2007       09-22-2014, 11:42 AM Reply   
Phil from Kicker posted this link on another site that talks about the patent issue a little more:
http://www.theordinaryobserver.com/2...lds-ltd-v.html

and the latest:
http://www.theordinaryobserver.com/2...nightmare.html
Old     (volzalum)      Join Date: May 2009       09-22-2014, 12:05 PM Reply   
Just another example of how US litigation and patent laws on vague designs gave approached the ludicrous. It's unbelievable that the entire boat profit, not just cost of windshield is up for grabs.
Old     (shawndoggy)      Join Date: Nov 2009       09-22-2014, 12:12 PM Reply   
I know, right? How could anyone mistake Malibu's design for this patented version?

Old     (timmyb)      Join Date: Apr 2007       09-22-2014, 2:57 PM Reply   
Hey, that looks like a Malibu windshield!
Old     (Froggy)      Join Date: Nov 2013       09-22-2014, 3:05 PM Reply   
Maybe that explains the lawsuit against Nautique anyone can see the NSS is an exact copy of the surf gate.
Old     (you_da_man)      Join Date: Sep 2009       09-22-2014, 8:31 PM Reply   
Eh, that's only 200-225 boats give or take
Old     (cwb4me)      Join Date: Apr 2010       09-22-2014, 8:54 PM Reply   
That just sucks. that a patent can be so general.
Old     (lfadam)      Join Date: Nov 2008       09-22-2014, 9:24 PM Reply   
I never understood why Malibu abandoned the ~2005 windshields that were curved with no supports/vents. They were beautiful and gave a full line of sight. These vented windshields took away the beautiful lines, look like a cheaper patch job, and apparently are going to cost Malibu 20M. Yikes.

Who needs vents on an open boat? I'd much prefer no vents for warmth. I'm somewhere between cool and freezing while driving on a plane probably 50% of the season. I don't think I've ever been too hot while on a plane (idling sure, but the vents don't help there).
Old     (cwb4me)      Join Date: Apr 2010       09-23-2014, 5:04 AM Reply   
The Malibus are soo smoking hot you need the vents to cool off. JK
Old     (joshugan)      Join Date: Apr 2005       09-23-2014, 11:30 AM Reply   
Couldn't agree with Adam more. Such great lines ruined by "progress."
Old     (srock)      Join Date: Mar 2002       09-24-2014, 6:05 AM Reply   
Quote:
Originally Posted by lfadam View Post
I

Who needs vents on an open boat? I'd much prefer no vents for warmth. I'm somewhere between cool and freezing while driving on a plane probably 50% of the season. I don't think I've ever been too hot while on a plane (idling sure, but the vents don't help there).
That is very dependent on where you live. Adjustable vents would be the ticket. I would not think of running without my bimini 95% of the days or having a dark colored boat or dark colors on my seats. Ouch, way too hot.
Old     (bass10after)      Join Date: Feb 2010       09-24-2014, 9:11 PM Reply   
hmmm i fail to see the logic in a stock going up the day after backtracking earnings and reporting a loss like this. somethings fishy there.
Old     (Jmorlan)      Join Date: May 2013       09-25-2014, 11:26 PM Reply   
You guys think Malibu going public had anything to do with raising funds to pay that 20m settlement?
Old     (gotwake133)      Join Date: May 2010       09-26-2014, 10:22 AM Reply   
Quote:
Originally Posted by Froggy View Post
Maybe that explains the lawsuit against Nautique anyone can see the NSS is an exact copy of the surf gate.
I hope this is sarcasm
Old     (dougr)      Join Date: Dec 2009       09-27-2014, 4:29 AM Reply   
J, it may have , although this is bad for everyone. Now that this has set the stage for patent infringement law suits (that have been successful), it could open the door for more pressure from other builders. Only means slower competitive development and higher prices. 20 mil is a ton of money for such a small company.
Old     (srock)      Join Date: Mar 2002       09-29-2014, 9:21 AM Reply   
They should always break this down into the actual lawsuit payment and the lawyers fees.
Old     (shawndoggy)      Join Date: Nov 2009       09-29-2014, 10:05 AM Reply   
I'm sure the settlement amount doesn't include malibu's attorneys' fees, and probably is a lump sum payment to PCMW, so they will pay their lawyers from the fee (to the extent their lawyers haven't been paid already along the way).
Old     (andrew_moreton)      Join Date: Feb 2003       09-29-2014, 4:39 PM Reply   
The most likely scenario is Malibu pays PCMW $20m. Malibu pays its attorneys separately and in addition to the $20m. PCMW pays its attorneys (which can be from the $20m settlement).
Old     (denverd1)      Join Date: May 2004       09-30-2014, 9:32 AM Reply   
Malibu owns the patent for surfgate systems. started filing it in 2012. Patents are written to be very general so that they encompass as much of the industry as they can unless the opposition wants to fight it in court, costing them money.

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