FIU vs. FNU name fight ends with a million-dollar settlement after 7 years in court – Miami Herald
How much is a name worth?
In the case of FIU and FNU, the answer is more than a million.
That’s how much Florida International University had to pay in a settlement after losing its trademark infringement case against Florida National University.
The $1.135 million settlement comes nearly seven years after FIU sued for-profit FNU over its use of the word “university.”
“The experience is bittersweet,” said Steven Peretz, an intellectual property lawyer who represented FNU in the case. “We thought the lawsuit was unnecessary but we’re glad to have gotten the attorney fees.”
The settlement was finalized in January. The legal fight had begun in May 2013. That’s when FIU, a major state university with two large campuses and four smaller sites across Miami-Dade, sued the smaller Florida National University for changing its name from Florida National College in 2012.