$72.9M Owed Royalties Finally Paid To Super Soaker Creator

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$72.9M Owed Royalties Finally Paid To Super Soaker Creator
By Forest Parks -

June 13, 2016
0
1498
Imagine seeing every kid on every corner playing with a water gun you invented and licensed…. But not seeing a damn penny from it!

Well, Lonnie Johnson had to do that for a while but now a lawsuit has seen royalties he was owed in excess of $72.9m paid back to him by Hasbro!

Aazah.com reported

Johnson Research and Development Co. and founder Lonnie Johnson have been in a royalty dispute with Hasbro since February, when the company filed a claim against the giant toy company. According to King & Spalding, which along with the A. Leigh Baier P.C. law firm represented Johnson, Hasbro underpaid royalties for the Nerf line toys from 2007 to 2012.
“In the arbitration we got everything we asked for,” said Atlanta attorney Leigh Baier. “The arbitrator ruled totally in Lonnie’s favor.” The attorney also said Johnson “is very pleased” with the outcome.

The suit says Hasbro sold water guns that were “visually similar and based upon the appearance of Super Soaker water guns that incorporate Johnson’s technology.” Johnson also wanted the court to force Hasbro to open its books to determine sales of Super Soaker products from 2006 to 2012.

Johnson holds more than 80 patents, with more than 20 pending, the company said, which said sales of the Super Soaker have approached nearly

$72.9M Owed Royalties Finally Paid To Super Soaker Creator | Urban Intellectuals

 

[Koba St]

 

[thaKEAF]

 

[lotteryplaya]

Saw him on CNBC, glad he finally got his money.

 

[Lo-Co]

 

[Dominic Brehetto]

Do they still sell them?

I remember these were huge as a kid

 

[FSP]

Took only like 30 years

 

[Ruck]

Word? I loved my super soaker as a kid. There was a thread made in the arcadium saying what was your favorite christmas present and i mentioned getting dat blue super soaker in 93. Ive had numerous game consoles, race cars, clothes, money, shoes etc. For christmas. But that super soaker trumped them all

Thank u for giving me an amazing childhood.

 

[itsyoung!!]

Took only like 30 years

This is for sales from 2006-2012 i believe.

 

[ORDER_66]

Took only like 30 years

They didnt want to give him his dues knowing full and well they outright stole the designs and makeup from him...

Cacs always stealing something then turn around and say they invented it...

He's owed more than 72 million I know that!

 

[The Gimp]

Why don't I see super soakers anymore? these were heavy in the streets when I was a kid

 

[Kyle C. Barker]

Why don't I see super soakers anymore? these were heavy in the streets when I was a kid

Kids gotta go outside first.


And not just to look for pokemon either

 

[ORDER_66]

Why don't I see super soakers anymore? these were heavy in the streets when I was a kid

Its still around but I think Nerf brought it up...

 

[AintNoCrampInYaMouthTho]

When i hear stories like these it always makes me wonder what else cacs stole from black folks and written it off as their own. I'm very breh finally got his dues

 

[The Gimp]

Kids gotta go outside first.

Real talk

Super soaker was having an arms race when I was a kid

super soaker 100

super soaker 200

super soaker 300

That super soaker with the quick refill you just press the gun nozzle to the hose

They just kept getting bigger and bigger no homo. Kids are soft nowadays. probably couldn't even run around with a super soaker.