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Polaroid sues GoPro, claiming patent infringement

The company with exclusive rights to Polaroid's instant and action products filed a patent-infringement lawsuit Tuesday against GoPro, claiming the new cube-shaped Hero4 Session is a ripoff of the Polaroid Cube, CNBC has learned.

GoPro's stock was down more than 2 percent an hour after the lawsuit was filed.

The Hero4 Session launched last July, 18 months after the Polaroid Cube.

According to the complaint, Ridgefield, New Jersey-based C&A Marketing is seeking an order awarding C&A Marketing all...