Category Archives: Tech

Super Soaker Invetor Soaks Hasbro for $72.9 Million


It’s been nearly 25 years since former NASA engineer Lonnie Johnson first licensed the water gun toy that became the iconic Super Soaker. On Wednesday, the inventor soaked Hasbro (HAS) in arbitration, reportedly receiving $72.9 million worth of sales royalties from the toymaker as part of a dispute over underpaid royalties.
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