What changed in this filing

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Item 3. Legal Proceedings

2023-03-31 compared with 2022-03-08 · 29 added, 32 removed, 8 unchanged (88% of the section changed)

LEGAL PROCEEDINGS

On April 13, 2020, Ian Patterson resigned from

his position as Chief Operations Officer of AVX.

On or about April 13, 2020, Ian Patterson,

the Chief Operations Officer of AVX resigned from his position.

On May 5, 2020, Mr.

Patterson filed an action in the Superior Court for the County of

Los Angeles, State of California, against the Company et al.

We believe neither the Company nor Dr.

Wang has been served properly and

venue is improper.

The complaint alleges claims including wrongful termination, retaliation and various other provisions of the California

Labor Code, and various other claims under California state law.

The complaint seeks unspecified economic and non-economic losses, as

well as attorneys’ fees.

The Company is investigating and intends to vigorously defend itself in the foregoing matter.

We have completed

written discovery and non-expert discovery.

Trial is set for May 31, 2022.

Patterson filed an action in the Superior Court

for the County of Los Angeles, State of California, against the Company, et al.

The complaint alleges claims including

discrimination, wrongful termination, retaliation and various other provisions of the California Labor Code, and various other

claims under California state law.

The complaint seeks unspecified economic and non-economic losses, as well as attorneys’

In response to the Complaint, defendants filed a motion to compel arbitration asking the court to order Plaintiff to submit

his claims to binding individual arbitration based on an arbitration agreement signed by Plaintiff at the outset of his employment.

The motion was unfortunately denied, and in response, defendants filed an appeal.

The appeal was also denied.

this matter is not set, nor has discovery been conducted.

AVX intends to vigorously contest this matter.

disputes that the other defendants are proper parties to the litigation.

However, litigation and investigations are inherently uncertain.

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.

Further, AVX disputes

that the other defendants are proper parties to the litigation.

However, litigation and investigations are inherently uncertain, but

the outcome could have a material impact on the Company.

On or about April 14, 2020, Devesa Sarria, the

Sales and Marketing Director, was terminated.

On May 13, 2020, she filed an action in the Superior Court for the County of Los Angeles,

State of California.

The Complaint alleges claims including wrongful termination, retaliation and various other provisions of the California

Labor Code, and various other claims under California state law.

The complaint seeks unspecified economic and non-economic losses, as

well as attorneys’ fees.

The Company is investigating and intends to vigorously defend itself in the foregoing matters.

to the Complaint, defendants filed a motion to compel arbitration asking the court to order Plaintiff to submit her claims to binding

individual arbitration based on an arbitration agreement signed by Plaintiff at the outset of her employment.

The motion was denied, and

in response, defendants filed an appeal which is currently pending.

The appeal is anticipated to take the majority of 2022 before it is

The Complaint alleges claims including discrimination, wrongful termination, retaliation and various other provisions

of the California Labor Code, and various other claims under California state law.

The complaint seeks unspecified economic and non-economic

losses, as well as attorneys’ fees.

We have completed written discovery and most of the non-expert discovery.

for October 11, 2023.

AVX intends to vigorously contest this matter.

Further, AVX disputes that the other defendants are proper parties to the litigation.

However, litigation and investigations are inherently uncertain, but the outcome could have a material impact on the Company.

Further, AVX disputes that the other defendants are proper

parties to the litigation.

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.

What changed 10-K

Item 3. Legal Proceedings