Conley Rose, P.C. said Cameron International Corp (CAM) settled its defense of a dispute with Safoco, Inc. for undisclosed terms. Safoco had been asserting infringement of three Safoco patents that cover gate valve actuators for the oil and gas industry.
The settlement was completed the week before the jury trial was set to begin before the Honorable Judge Sim Lake in the United States District Court for the Southern District of Texas in Houston.
Cameron was represented by lead attorney D. Mitchell McFarland, Jeff Weems, and Thad Jenks of Harrison, Bettis, Staff, McFarland, & Weems, L.L.P. and by Charles Rogers, David Rose, and Collin Rose of Conley Rose, P.C.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.