5 unchanged sentences
The filing of the state court Complaint follows the dismissal of a related lawsuit originally filed in federal court in 2016, which dismissal was affirmed on appeal in November 2023.
−Removed: The 12-count state court Complaint asserts claims for (1) breach of fiduciary duty;
−Removed: (2) aiding and abetting breach of fiduciary duty;
−Removed: unjust enrichment;
−Removed: (4) violations of Wisconsin Business Corporation Law §§ 180.1101-.1103;
−Removed: (5) breach of JCI’s Articles of Incorporation;
−Removed: (6) conversion;
−Removed: (7) violations of Wisconsin Securities Act §§ 551.501 and 551.509;
−Removed: (8) breach of covenant of good faith and fair dealing;
−Removed: (9) promissory estoppel;
−Removed: (10) tortious interference with contract;
−Removed: (11) negligent or intentional misrepresentation/equitable fraud;
−Removed: and (12) statutory fraud.
−Removed: On September 13, 2024, defendants moved to dismiss the Complaint.
−Removed: A hearing on the motion is expected to take place in March 2025.
+Added: On March 28, 2025, the Court dismissed the complaint in its entirety.
+Added: The Court has not yet responded to Defendants’ subsequent request for clarification on whether Plaintiffs are permitted to amend their complaint.
Refer to Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for discussion of environmental, asbestos, self-insured liabilities and other litigation matters, which is incorporated by reference herein and is considered an integral part of Part II, Item 1, "Legal Proceedings."
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.