Breaking News: Alpha Modus Takes Legal Action Against Wakefern Food Corporation and Shelf Nine LLC for Patent Infringement!
CORNELIUS, N.C., Dec. 19, 2024 (GLOBE NEWSWIRE) —
Alpha Modus Holdings, Inc. (Nasdaq: AMOD) (“Alpha Modus” or the “Company”), a technology company with a core focus on artificial intelligence in retail, today announced its subsidiary, Alpha Modus, Corp., has filed a patent infringement lawsuit against Wakefern Food Corporation, which has 48 member companies that own and operate 365 supermarkets, under the ShopRite, Price Rite Marketplace, The Fresh Grocer, Dearborn Market, Gourmet Garage, and Fairway Market brands in New Jersey, New York, Connecticut, Pennsylvania, Maryland, Delaware, Massachusetts, New Hampshire and Rhode Island, and Shelf Nine LLC (subsidiary of VSBLTY Groupe Technologies Corp), which purports to be a leader in retail media networks, providing brands and retailers specifically targeted digital media advertising and other customer communications content delivered at the point of purchase.
The Impact on You:
As a consumer, this legal action could potentially affect you in a number of ways. If these companies are found guilty of patent infringement, they may have to pay damages or change the way they operate, which could impact pricing, availability of products, or even the overall shopping experience at their stores. It’s important to stay informed about this case and be aware of how it might affect where you choose to shop in the future.
The Impact on the World:
From a broader perspective, this legal battle between Alpha Modus and Wakefern Food Corporation/Shelf Nine LLC could set a precedent in the technology and retail industries. The outcome of this case could influence how companies approach the use of artificial intelligence, digital media advertising, and customer communications in the retail sector. It could also lead to changes in how patents are managed and protected in the future, impacting innovation and competition in the market.
Conclusion:
In conclusion, the legal action taken by Alpha Modus against Wakefern Food Corporation and Shelf Nine LLC for patent infringement is a significant development in the retail and technology sectors. This case has the potential to not only impact these specific companies but also to shape how technology and intellectual property rights are handled in the industry moving forward. As the legal proceedings unfold, it will be interesting to see how this dispute is resolved and what implications it may have for consumers and businesses alike.
