Polaroid (they're still around) alleges GoPro's (GPRO -2.2%) cube-shaped Hero4 Session camera copies the design of Polaroid's Cube camera. Polaroid manufacturing/distribution partner C&A Marketing is seeking an order awarding it GoPro's profits from sales, along with interest and attorney's fees.
Shares are selling off once more, and are down 17% since GoPro posted a Q3 miss and issued light Q4 guidance last Wednesday. They trade for 17x a 2016 EPS consensus of $1.48 (down from a pre-earnings consensus of $1.94).
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