The trademark-infringement lawsuit that New Balance filed in Massachusetts in August 2019 against Authentic Brands Group over use of the letter “N” on footwear and apparel by the brand Nautica has been settled. All claims against Nautica have been dismissed without prejudice, and each party will be covering its own court costs and attorneys’ fees. The court will retain jurisdiction should any dispute arise from the settlement. Both the damages sought in the lawsuit and the other terms of the settlement remain undisclosed.