"The accusation is baseless,"
"the media and others to spread this disinformation, thereby harming TP-Link's reputation."
"return[ing] to the exact conduct prohibited by that Agreement: disparaging TP-Link and TP-Link's business and competing unfairly rather than on the merits of the parties' products."
"In so doing, Netgear has breached its contractual obligations and deprived TP-Link of the benefit of the bargain for which TP-Link negotiated and paid $135 million,"
TP-Link filed a lawsuit in Delaware accusing Netgear and its CEO of spreading false claims that TP-Link was infiltrated by the Chinese government. TP-Link states that it is a U.S. company incorporated and headquartered in California with no ties to the Chinese government. TP-Link asserts that Netgear spread falsehoods about product security through public channels and earnings calls, prompting media dissemination that harmed TP-Link's reputation. The filing seeks a jury trial and damages for commercial disparagement, defamation, unjust enrichment, and breach of contract tied to a $135 million 2024 settlement agreement.
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