TerraCycle, Inc. and The Scotts Company Announce Settlement of Legal Dispute

MARYSVILLE, Ohio, and TRENTON, N.J., Sept. 21  /PRNewswire-FirstCall/ -- TerraCycle, Inc. and The Scotts Company have announced the agreed settlement of their legal dispute regarding false advertising claims and trade dress infringement.  TerraCycle has agreed to change certain advertising claims and its package design to avoid possible confusion, and Scotts has agreed to dismiss its false advertising and infringement claims.  Tom Szaky, the founder and CEO of TerraCycle today said, "We recognize that Scotts filed this lawsuit based on a legitimate need to uphold the accuracy of advertising claims and protect its trademark rights.  We also regret certain statements that were made about Scotts in the heat of litigation.  Now that the parties have resolved their differences, TerraCycle is looking forward to providing consumers with an array of garden and lawn care products in the marketplace." Jim King, Scotts spokesperson, said, "Scotts is pleased to resolve this case and believes that the settlement serves the public's interest in ensuring the accuracy of advertising claims, as well as protection of the valuable Miracle- Gro brand." 

DATASOURCE: The Scotts Miracle-Gro Company



CONTACT:  Su Lok of The Scotts Miracle-Gro Company, [phone]



Web site:  http://www.scotts.com/ 

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