2 unchanged sentences
If we determine the likelihood of a negative outcome is probable and the amount of the loss can be reasonably estimated, we record an estimated loss for the expected outcome of the litigation.
−Removed: If the likelihood of a negative outcome is reasonably possible and we are able to determine an estimate of the possible loss or range of loss in excess of amounts already accrued, if any, we disclose that fact together with the estimate of the possible loss or range of loss.
+Added: Any such accruals are adjusted thereafter as appropriate to reflect changed circumstances.
+Added: When we are able to do so, we also determine estimates of reasonably possible losses or ranges of reasonably possible losses for such matters, whether in excess of any related accrued liability or where there is no accrued liability, and disclose an estimate of the possible loss or range of losses.
However, it is often difficult to predict the outcome or estimate a possible loss or range of loss because litigation is subject to inherent uncertainties, particularly when plaintiffs allege substantial or indeterminate damages.
−Removed: Such is also the case when the litigation is in its early stages or when the litigation is highly complex or broad in scope.
+Added: Such is particularly the case when the litigation is in its early stages or when the litigation is highly complex or broad in scope.
In these cases, we disclose that we are unable to predict the outcome or estimate a possible loss or range of loss.
+Added: As a result of these types of factors, we are unable, at this time, to estimate the losses that are reasonably possible to be incurred or ranges of such losses with respect to our significant litigation matters.
On December 14, 2022, four individual participants in the Profit Sharing Plan for Employees of AB (the " AB Profit Sharing Plan" ) filed a class action complaint (the " Complaint ") in the U.S.
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The Complaint seeks unspecified damages, disgorgement and other equitable relief.
−Removed: AB is prepared to defend itself vigorously against these claims.
+Added: AB is prepared to defend itself vigorously against these claims and filed a motion to dismiss on February 24, 2023.
While the outcome of this matter currently is not determinable given the matter remains in its early stages, we do not believe this litigation will have a material adverse effect on our results of operations, financial condition or liquidity.
8 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.