LEGAL PROCEEDINGS
−Removed: the past, in the ordinary course of business, we actively pursued legal remedies to enforce our intellectual property rights and to stop
−Removed: unauthorized use of our technology.
−Removed: Other than ordinary routine litigation incidental to the business, we know of no material, active
−Removed: or pending legal proceedings against us.
+Added: Many aspects of the Company’s business involve
+Added: substantial risks of liability.
+Added: In the ordinary course of business, the Company may be named as defendant or co-defendant in various legal
+Added: actions, including arbitrations, class actions and other litigation, which could create substantial exposure and periodic expenses.
+Added: Company may also be involved, from time to time, in other reviews, investigations and proceedings (both formal and informal) by governmental
+Added: and self-regulatory agencies regarding the Company’s business, which may result in expenses, adverse judgments, settlements, fines,
+Added: penalties, injunctions or other relief.
+Added: In the past in the ordinary course of business, we actively pursued legal remedies to enforce
+Added: our intellectual property rights and to stop unauthorized use of our technology.
+Added: In March 2024, the Company received a notice of petition
+Added: of a filed action seeking relief related to the March 2024 affiliates of new registered representatives.
+Added: This notice was filed against
+Added: the Company’s subsidiary Dominari Securities.
+Added: The Company does not agree with the claim of the plaintiff and will defend itself
+Added: While the Company intends to defend itself vigorously from this claim, it is unable to predict the outcome of such legal
+Added: Any potential loss as a result of this legal proceeding cannot be reasonably estimated.
+Added: As a result, the Company has not recorded
+Added: a loss contingency for the aforementioned claim.
MINE SAFETY DISCLOSURES
+Added: Not applicable.
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.