LEGAL PROCEEDINGS
−Removed: On April 13, 2020, Ian Patterson resigned
−Removed: from his position as Chief Operations Officer of AVX.
+Added: On April 13, 2020, Ian Patterson resigned from
+Added: his position as Chief Operations Officer of AVX.
On May 5, 2020, Mr.
−Removed: Patterson filed an action in the Superior Court for the
−Removed: County of Los Angeles, State of California, against the Company et al.
+Added: Patterson filed an action in the Superior Court for the County of
+Added: Los Angeles, State of California, against the Company et al.
We believe neither the Company nor Dr.
−Removed: Wang has been served
−Removed: properly and venue is improper.
−Removed: The complaint alleges claims including wrongful termination, retaliation and various other provisions
−Removed: of the California Labor Code, and various other claims under California state law.
−Removed: The complaint seeks unspecified economic and
−Removed: non-economic losses, as well as attorneys’
−Removed: The Company is investigating and intends to vigorously defend itself in
−Removed: the foregoing matter.
+Added: Wang has been served properly and
+Added: venue is improper.
+Added: The complaint alleges claims including wrongful termination, retaliation and various other provisions of the California
+Added: Labor Code, and various other claims under California state law.
+Added: The complaint seeks unspecified economic and non-economic losses, as
+Added: well as attorneys’ fees.
+Added: The Company is investigating and intends to vigorously defend itself in the foregoing matter.
+Added: We have completed
+Added: written discovery and non-expert discovery.
+Added: Trial is set for May 31, 2022.
+Added: AVX intends to vigorously contest this matter.
+Added: disputes that the other defendants are proper parties to the litigation.
However, litigation and investigations are inherently uncertain.
−Removed: Accordingly, the Company cannot predict
−Removed: the outcome of this matter.
+Added: Accordingly, the Company cannot predict the outcome of this matter.
On April 13, 2020, AVX terminated an employee
from her position as Sales and Marketing Director.
−Removed: On May 13, 2020, she filed an action in the Superior Court for the County of
−Removed: Los Angeles, State of California.
−Removed: The Complaint alleges claims including wrongful termination, retaliation and various other provisions
−Removed: of the California Labor Code, and various other claims under California state law.
−Removed: The complaint seeks unspecified economic and
−Removed: non-economic losses, as well as attorneys’
−Removed: The Company is investigating and intends to vigorously defend itself in
−Removed: the foregoing matters.
−Removed: However, litigation and investigations are inherently uncertain but the outcome could have a material impact
−Removed: on the Company.
+Added: On May 13, 2020, she filed an action in the Superior Court for the County of Los Angeles,
+Added: State of California.
+Added: The Complaint alleges claims including wrongful termination, retaliation and various other provisions of the California
+Added: Labor Code, and various other claims under California state law.
+Added: The complaint seeks unspecified economic and non-economic losses, as
+Added: well as attorneys’ fees.
+Added: The Company is investigating and intends to vigorously defend itself in the foregoing matters.
+Added: to the Complaint, defendants filed a motion to compel arbitration asking the court to order Plaintiff to submit her claims to binding
+Added: individual arbitration based on an arbitration agreement signed by Plaintiff at the outset of her employment.
+Added: The motion was denied, and
+Added: in response, defendants filed an appeal which is currently pending.
+Added: The appeal is anticipated to take the majority of 2022 before it is
+Added: AVX intends to vigorously contest this matter.
+Added: Further, AVX disputes that the other defendants are proper parties to the litigation.
+Added: However, litigation and investigations are inherently uncertain, but the outcome could have a material impact on the Company.
MINE SAFETY DISCLOSURES
1 unchanged sentence
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.