When billionaire Elon Musk changed the name of Twitter to X, the decision drew mixed reactions from investors and users.
The rebranding is also the subject of a new lawsuit.
What Happened: The name X Corp carries on the tradition of a name and symbol that means a lot to Musk.
The name change came despite several other companies owning trademarks to the X name, symbol and usage, something previously covered by Benzinga.
On Monday, a lawsuit was announced against X Corp for trademark infringement.
“X Corp (Twitter) has been sued for trademark infringement. The lawsuit, filed by X Social Media LLC, asks a Federal Court in Florida to order X Corp to cease using the ‘X’ mark,” trademark attorney Josh Gerben of Gerben Law tweeted.
Gerben is involved in the case against X Corp with X Social Media LLC represented by Gerben Perrott.
“X Social Media LLC is a vanguard in utilizing social media and marketing technology to connect customers with legal services in situations where those harmed would otherwise remain voiceless and without remedy,” the lawsuit reads.
The lawsuit states that X ...