Alpha Modus Settles Lawsuit Against Walgreens Over In-Store Technology Patents

Core Viewpoint - Alpha Modus Holdings Inc. has reached a settlement in its patent infringement lawsuit against Walgreen Co., reflecting the company's commitment to protecting its intellectual property while fostering positive relationships in the retail and technology sectors [1][2]. Company Overview - Alpha Modus Holdings Inc. (NASDAQ: AMOD) specializes in AI-powered retail technology, offering patented technologies, intelligent kiosks, and consumer engagement tools aimed at enhancing the retail experience [3]. - The company is actively pursuing a broader IP monetization strategy, which includes resolving multiple enforcement actions and seeking licensing and litigation opportunities related to its patented technologies [2]. Legal Context - The lawsuit, Alpha Modus, Corp. v. Walgreen Co., was filed in the United States District Court for the Eastern District of Texas and involved claims related to specific U.S. patents [1]. - The terms of the settlement are confidential, and the lawsuit will be dismissed with prejudice, indicating a final resolution [2].