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What changed 10-K
Item 3. Legal Proceedings
2025-02-28 compared with 2024-02-29 · 1 added, 2 removed, 116 unchanged (3% of the section changed)
75 unchanged sentences
The Wang Class Action asserted federal securities claims under the 1933 Act, challenging disclosures in a March 19, 2020 registration statement.
−Removed: It alleged that the defendants failed to disclose to investors in USO certain extraordinary market conditions and the attendant
−Removed: risks that caused the demand for oil to fall precipitously, including the COVID-19 global pandemic and the Saudi Arabia-Russia oil price war.
+Added: It alleged that the defendants failed to disclose to investors in USO certain extraordinary market conditions and the attendant risks that caused the demand for oil to fall precipitously, including the COVID-19 global pandemic and the Saudi Arabia-Russia oil price war.
The Wang Class Action was voluntarily dismissed on August 4, 2020.
39 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.