American Eagle Sues Amazon for Trademark Infringement: Report

American Eagle Outfitters, Inc. (NYSE:AEO) shares traded higher on Thursday. The company reportedly sued Amazon.com, Inc. (NASDAQ:AMZN) for trademark infringement and filed a complaint in Manhattan federal court.

The company alleges that Amazon used its Aerie clothing line branding in search results, misleading consumers to “inferior quality knock-offs,” reported Reuters.

As per the report, the company seeks triple the actual damages, punitive damages, and an injunction to stop further infringements, ...