U.S. AUTO PARTS NETWORK, INC. (NASDAQ:PRTS) Files An 8-K Regulation FD DisclosureItem 7.01. Regulation FD Disclosure.
On April 2, 2018, U.S. Auto Parts Network, Inc. (the “Company”) issued a press release announcing that it has filed a lawsuit against the United States Department of Homeland Security in the United States Court of International Trade. The lawsuit asserts that the United States Customs and Border Protection, an agency of the Department of Homeland Security, has been wrongfully seizing automotive grilles being imported by the Company into the United States on the basis that the grilles are allegedly “counterfeit” and infringe trademarks held by the original automobile manufacturers. The Company seeks to remove overly burdensome bond requirements arising from the wrongful seizures and intends to vigorously defend its right to sell aftermarket automotive grilles under well-established trademark doctrines. A copy of the press release is furnished as Exhibit99.1 to this Current Report on Form 8-K and is incorporated herein by reference.
The information contained in Item 7.01 and in Item 7.01 and in Exhibit99.1 attached to this report is being furnished to the Securities and Exchange Commission and shall not be deemed “filed” for purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that Section, or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended, regardless of any general incorporation language contained in such filing.
Item 7.01. Financial Statements and Exhibits.
(d) Exhibits.
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ExhibitNo. |
Description |
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99.1 |
Press Release, dated April 2, 2018.
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U.S. Auto Parts Network, Inc. ExhibitEX-99.1 2 ex-991.htm EXHIBIT 99.1 Exhibit US Auto Parts Seeks to Protect the Right of Consumers to Purchase Aftermarket Automotive GrillesCARSON,…To view the full exhibit click here
About U.S. AUTO PARTS NETWORK, INC. (NASDAQ:PRTS)
U.S. Auto Parts Network, Inc. is an online source for automotive aftermarket parts and repair information. The Company is an online provider of aftermarket auto parts, including collision parts, engine parts, and performance parts and accessories. Its Websites provide a range of stock keeping units (SKUs) with detailed product descriptions and photographs. The Company operates through two segments: Base USAP, which is the core auto parts business, and AutoMD, an online automotive repair source. The Company offers a range of aftermarket auto parts. The Company classifies its products into three categories: collision parts serving the collision repair segment, engine parts to serve the replacement/wear parts market, and performance parts and accessories. The Company sells its products through its network of Websites and online marketplaces, including www.autopartswarehouse.com, www.carparts.com, www.jcwhitney.com and www.AutoMD.com.
