Alpha Modus reaches settlement agreement with Kroger in patent litigation

Alpha Modus (AMOD) announced that its wholly owned subsidiary, Alpha Modus, has reached a confidential settlement with The Kroger (KR) in its ongoing patent litigation involving Alpha Modus’s proprietary technologies. The lawsuit, originally filed in the United States District Court for the Eastern District of Texas, centered on the alleged infringement of Alpha Modus’s patents covering intelligent retail display systems. “This settlement marks another important validation of the strength and enforceability of our patent portfolio,” said William Alessi, CEO of Alpha Modus Holdings. “It reflects the momentum Alpha Modus has built through diligent enforcement of its intellectual property rights and underscores our commitment to delivering value to shareholders by protecting our innovations.” Terms of the settlement are confidential. However, as a result of the resolution, the pending litigation between Alpha Modus and Kroger has been dismissed with prejudice.