In November, Smith &Wesson’s parent company, Thompson/Center Arms Company, Inc. (TCA), settled its differences with Traditions Sporting Goods, Inc. (Traditions), and Ardesa S.A. d/b/a Ardesa Firearms (“Ardesa”) stemming from a Section 337 action for patent infringement filed with the U.S. International Trade Commission (ITC), and a U.S. district court complaint filed in the U.S. District Court for Massachusetts. Six patents including U.S. Patent Nos. 7,908,781; 7,814,694; 7,140,138; 6,604,311; 5,782,030; and 5,639,981 were asserted in both cases. A license agreement for TCA’s muzzleloader rifle technology was signed by the parties, and all infringement claims against the parties were dismissed from the action. The ITC case number is 337-TA-2804-001, filed on May 10, 2011, and the district court case number is 3:11-cv-30131, filed on May 11, 2011.