1 unchanged sentence
time to time, we may be subject to claims and litigation arising in the ordinary course of business.
−Removed: We are not currently subject to
−Removed: any pending or threatened legal proceedings that we believe would reasonably be expected to have a material adverse effect on our business,
−Removed: financial condition, results of operations or cash flows.
+Added: Except as described in Note 27, Commitments
+Added: and Contingencies to our accompanying consolidated financial statements under Item 8 of this Annual Report, as of the date of
+Added: this Annual Report, we are not currently subject to any pending or threatened legal proceedings that we believe would reasonably be
+Added: expected to have a material adverse effect on our business, financial condition, results of operations or cash flows.
+Added: On January 30, 2024, our former President of
+Added: Media filed an action against us and Manoj Bhargava, alleging claims for breach of contract, failure to pay wages and defamation, among
+Added: other things, in the United States District Court of the Southern District of New York, and seeking damages in an unspecified amount.
+Added: We believe that we have strong defenses to these claims and intend to vigorously defend ourselves and the allegations made
+Added: in this lawsuit.
+Added: On March 21, 2024, our former CEO and Chairman of
+Added: the Board filed an action against us, members of the Board of directors and Simplify, alleging claims for retaliation, breach of contract,
+Added: wrongful termination and age discrimination, among other things, in the Superior Court of the State of California seeking damages in an
+Added: amount of $20 million.
+Added: We believe that we have strong defenses to these claims and intend to vigorously defend ourselves and
+Added: the allegations made in this lawsuit.
Mine Safety Disclosure
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.