Trading card company Upper Deck Co. has resolved claims over Michael Jordan trading card rights with competitor Panini America Inc., according to a notice filed in the Southern District of California.
Counsel for Upper Deck told Bloomberg Law Friday that the parties have reached a confidential agreement.
Upper Deck sued Panini in January 2020, alleging it misrepresented that it had the rights to sell Michael Jordan cards.
Panini, which has held the exclusive trading card license for current active players in the National Basketball Association since 2009, allegedly incorporated Jordan into two trading card releases.
The second amended complaint, filed ...