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What changed 10-Q
Item 1. Legal Proceedings
2024-05-03 compared with 2023-11-03 · 5 added, 0 removed, 4 unchanged (56% of the section changed)
LEGAL PROCEEDINGS
+Added: The United States Environmental Protection Agency (“EPA”) and the Company entered into an Administrative Compliance Order on Consent in February 2023 and a second Administrative Compliance Order on Consent in February 2024 in connection with alleged violations involving the Company’s risk management program at its manufacturing facility in Hopewell, Virginia.
+Added: The Company is currently implementing an EPA-approved work plan to improve its risk management program at Hopewell in connection with the orders.
+Added: The Company and EPA also entered into an Administrative Compliance Order on Consent in February 2024 connection with alleged violations involving the Company’s stormwater and other discharges.
+Added: These EPA allegations may potentially subject the Company to penalties.
+Added: Although the outcome of these matters cannot be predicted with certainty, we do not believe that it will have a material adverse effect on our consolidated financial position, results of operations or operating cash flows.
From time to time, we are involved in litigation relating to claims arising outside of the ordinary course of our business operations.
2 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.