1 unchanged sentence
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.
−Removed: The following recent developments amend and supplement the disclosure of the ongoing litigation proceedings against Shure as of June 30, 2022 as follows:
+Added: The following recent developments amend and supplement the disclosure of the ongoing litigation proceedings against Shure as of September 30, 2022 as follows:
Shure, Incorporated v.
1 unchanged sentence
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.
+Added: On September 26, 2022, the Court granted the parties’ joint request to stay the proceedings to engage in settlement negotiations until November 22, 2022.
+Added: The Court also terminated the pending motions without prejudice to be reinstated immediately if settlement negotiations are unsuccessful.
+Added: On October 3, 2022, the Executive Committee of the Northern District of Illinois reassigned this case from Judge Chang to Judge Maldonado to form the initial calendar of Judge Maldonado.
ClearOne, Inc.
1 unchanged sentence
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.
+Added: On September 26, 2022, the Court granted the parties’ joint request to stay the proceedings to engage in settlement negotiations until November 22, 2022.
+Added: The Court also terminated the pending motions without prejudice to be reinstated immediately if settlement negotiations are unsuccessful.
+Added: On October 3, 2022, the Executive Committee of the Northern District of Illinois reassigned this case from Judge Chang to Judge Maldonado to form the initial calendar of Judge Maldonado.
Shure, Incorporated v.
ClearOne, Inc., 19-cv-1343 (D.
−Removed: 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.
−Removed: Shure opposed that motion and asked the Court to stay proceedings on ClearOne’s counterclaims.
−Removed: The motions are fully briefed and pending.
−Removed: UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS
−Removed: (b) Not applicable.
−Removed: DEFAULTS UPON SENIOR SECURITIES
−Removed: Not applicable.
−Removed: MINE SAFETY DISCLOSURES
−Removed: Not applicable.
+Added: On August 15, 2022, the Court granted the Company’s request to set a trial date on its counterclaims of unfair competition and tortious interference with business relations, scheduling trial for July 5, 2023.
+Added: The Court also denied Shure’s motion to stay proceedings on ClearOne’s counterclaims.
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.