Alpha Modus Holdings Inc. (AMOD), a provider of AI-driven retail technology, Thursday announced it has reached a settlement in its patent infringement lawsuit against Walgreen Co.
The case, filed in the U.S. District Court for the Eastern District of Texas, involved claims tied to two Alpha Modus patents, Nos. 10,977,672 and 11,042,890.
The settlement terms remain confidential, and the lawsuit will be dismissed with prejudice.
Alpha Modus has already resolved multiple enforcement actions as it continues to expand its patented AI technologies, which support retailers and fintech providers through intelligent kiosks, consumer engagement tools, and innovative monetization solutions.
AMOD is currently trading at $1.09 up $0.0101 or 0.94 percent on the Nasdaq.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.