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10/21/10

Farouk Systems wins $300 Million Settlement

Finally, Farouk Systems, a beauty company wins a legal battle over identity theft. This is the largest judgment ever issued for trademark infringement.    Basically, impostors have stolen internet domain names and also created fake CHI products and Flatirons and sold them under the name CHI for dirt cheap.  Not only have these products ruined a lot of hair, but  as a salon owner I've lost potential sales of legitimate products and tools.  

Congrats Farouk Systems! You deserve it!