Two Texas companies, Neutron Depot LLC and DepotWeb Inc., filed a lawsuit against Underground Elephant Inc. on Friday, April 11, in the Houston Division of the United States District Court for the Southern District of Texas on the grounds of unfair competition and trademark infringement.

According to the lawsuit, the U.S. Patent and Trademark Office allowed the registry of the mark “Insurance Depot” on July 5, 1994 to CSi Agency Services, Inc.

Neutron and DepotWeb said they have outstanding agreements with CSi that allow them to use the trademark and to sue other individuals or companies that make use of this mark without permission.

The plaintiffs claim that Underground Elephant introduced an insurance service that made use of the “Insurance Depot” trademark in the hopes of securing additional business.

At Gagnon, Peacock & Vereeke, P.C., our attorneys handle cases and provide legal representation for clients in a wide range of intellectual property disputes, and we are ready to help you navigate this incredibly complex legal field. Call our offices today at (214) 824-1414 to learn more about what our experienced Dallas team can do to help you.