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From time to time, we may become subject to various legal proceedings and claims that arise in the ordinary course of our business activities.
−Removed: Other than as
−Removed: described below, we are not currently subject to any material legal proceedings.
+Added: Other than as described below, we are not currently subject to any material legal proceedings.
Class Action Complaint
−Removed: On January 15, 2019, Travis Ito-Stone individually and on behalf of all others similarly situated, filed a class
−Removed: action complaint for violation of federal securities laws against us, our former Chief Executive Officer, our current Chief Executive Officer, our former Deputy Chief Executive Officer and our former Chief Business Officer in the United States
−Removed: District Court for the District of New Jersey.
−Removed: Subsequently, Ruth Pruitt and Asdrubal Delgado were appointed as lead plaintiffs and an amended complaint was filed on January 24, 2020 and a second amended complaint was filed on June 5,
−Removed: The complaint, as amended, purports to bring a federal securities class action on behalf of a class of persons who acquired our securities between February 14, 2018 and March 16, 2020 and seeks to recover damages caused by
−Removed: defendants alleged violations of the federal securities laws and to pursue remedies under Sections 10(b) and 20(a) of the Securities Exchange Act of 1934, as amended, or the Exchange Act, and Rule 10b-5
−Removed: promulgated thereunder.
−Removed: The complaint alleges, among other things, that the defendants made materially false and/or misleading statements related to our business, operational and compliance policies.
−Removed: The plaintiff seeks, among other things,
−Removed: certification of a class, an award of unspecified compensatory damages, interest, costs and expenses, including counsel fees and expert fees, and other relief as the court deems appropriate.
+Added: A class action complaint was filed on January 15, 2019 in the United States District Court for the District of New Jersey, entitled Travis Ito-Stone v.
+Added: DBV Technologies, et al., Case No.
+Added: 2:19-cv-00525.
+Added: The complaint, as
+Added: amended, alleged that we and our Chief Executive Officer, our current Chief Executive Officer, our former Deputy Chief Executive Officer, and our former Chief Business officer violated certain federal securities laws, specifically under Sections 10(b) and 20(a) of the Exchange Act, and Rule 10b-5 promulgated thereunder.
+Added: The plaintiffs seek unspecified damages on behalf of a purported class of persons that purchased our securities between February 14, 2018 and August 4, 2020 and also held our securities on December 20, 2018 and/or March 16, 2020 and/or August 4, 2020.
+Added: A hearing was held on July 29, 2021 in the U.S.
+Added: District Court for the District of New Jersey where the Court entered an order granting our Motion to Dismiss the Second Amended Class Action Complaint without prejudice.
+Added: As the dismissal was without prejudice, the Plaintiffs replead their case by filing a Third Amended Class Action Complaint on September 30, 2021 in the same Court.
+Added: We moved to dismiss third amended complaint on December 10, 2021.
We believe that the allegations contained in the complaint are without merit and intend to defend the case vigorously.
−Removed: We cannot predict at this point the
−Removed: length of time that this action will be ongoing or the liability, if any, which may arise therefrom.
+Added: We cannot predict at this point the length of time that this action will be ongoing or the liability, if any, which may arise therefrom.
Mine Safety Disclosures.
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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.