Reuters Walmart Settles Lawsuit Regarding Allegations Of Light-Bulb Patent Infringement Walmart Inc (NYSE: WMT) has reportedly resolved the University of California's light-bulb patent lawsuit. The university accused the retail behemoth of infringing its patents associated with "filament" LED light bulbs (invented at the Santa Barbara-based school system). The federal judge in Los Angeles would dismiss the case with prejudice, which means it cannot be refiled. Renault Eyes Spring 2024 IPO For EV