VPR Brands LP has entered into a Litigation Resolution Agreement with Elf Brand LLC and several other parties to settle all disputes, including pending litigation related to the use of the ELF mark and a patent for electronic cigarettes. As part of the agreement, VPR Brands will abandon certain trademark applications in the US, EU, UK, and Canada. The company has also granted the defendants a fully paid, worldwide, irrevocable, non-exclusive, and perpetual license to its electronic cigarette patent. The parties deny any liability but have agreed to resolve their disputes on the terms outlined in the agreement.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. VPR Brands LP published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-011491), on February 03, 2026, and is solely responsible for the information contained therein.