PITTSBURGH Metal Exchange
Corp. is suing Scrap Metal Exchange LLC for alleged trademark
and service mark infringements, claiming that the company has
lured customers by using a "confusingly similar" trade
Metal Exchange, which has been
brokering scrap, metals and alloys since 1974, says that it
owns the trade names Metal Exchange, The Metal Exchange, and
Metal Exchange Corp., as well as two associated logos.
The St. Louis-based company
alleges that Scrap Metal Exchange has "caused actual confusion
in the marketplace and among the relevant purchasing public and
consumers," particularly in the St. Louis market, according to
a complaint filed in U.S. District Court in Missouri. It is
asking the court to award it three times the damages it
incurred, although it didnt specify an amount.
Chicago-based Scrap Metal
Exchange could not be reached for comment.
Metal Exchange filed a similar
lawsuit last fall against Houston-based Metal Networks LLC (
amm.com, Oct. 8). That case is still working its
way through federal District Court in Missouri.