Item 1. Legal Proceedings
Item 1. LEGAL PROCEEDINGS
The Company is involved in litigation against Shure Incorporated (“Shure”) as further described in Part I, Item 3 of the Company’s Annual Report on Form 10-K for the year ended December 31, 2021 (the “Annual Report”), which information is incorporated herein by reference. The following recent developments amend and supplement the disclosure of the ongoing litigation proceedings against Shure as of June 30, 2022 as follows:
Shure, Incorporated v. ClearOne, Inc., 17-cv-3078 (N.D. of Illinois)
The Company filed a motion asking the Court to schedule a trial date, but the Court denied that request without prejudice on April 7, 2022.
ClearOne, Inc. v. Shure, Incorporated, 19-cv-02421 (N.D. of Illinois)
The Company filed a motion asking the Court to schedule a trial date, but the Court denied that request without prejudice on April 7, 2022.
Shure, Incorporated v. ClearOne, Inc., 19-cv-1343 (D. of Delaware)
The Company filed a motion asking the Court to set a trial date on ClearOne’s counterclaims of unfair competition and tortious interference with business relations. Shure opposed that motion and asked the Court to stay proceedings on ClearOne’s counterclaims. The motions are fully briefed and pending.
Item 1A. RISK FACTORS
None.
Item 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
(a) None.
(b) Not applicable.
(c) None.
Item 3. DEFAULTS UPON SENIOR SECURITIES
Not applicable.
Item 4. MINE SAFETY DISCLOSURES
Not applicable.
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