2 unchanged sentences
In the opinion of management, currently outstanding claims and suits will not, individually or in the aggregate, have a material adverse effect on our financial position, results of operations or cash flows.
−Removed: The legal proceeding below is an update from our legal proceedings previously disclosed in our 2021 Form 10-K and report on Form 10-Q for the quarter ended June 30, 2022:
−Removed: On August 18, 2022, our Specialty segment agreed to pay the U.S.
−Removed: Environmental Protection Agency ("EPA") $2.5 million as part of a settlement to resolve a long-standing dispute relating to certain aftermarket parts sold by the Company that the EPA alleged violated the Clean Air Act.
−Removed: With respect to the July 7, 2022 penalty demand from Region 4 of the EPA discussed in our report on Form 10-Q for the quarter ended June 30, 2022, we reached a settlement to pay a penalty in the amount of $465,000 in connection with alleged violations of federal stormwater regulations.
−Removed: We will be required to pay this amount within 30 days of the EPA executing Consent Agreement and Final Orders for each facility.
−Removed: On August 18, 2022, we received a Notice of Violation from Region 10 of the EPA regarding alleged violations of federal stormwater regulations at facilities in Idaho, Oregon, and Washington to which we timely responded.
−Removed: We have not received any response from the EPA.
−Removed: We do not currently anticipate that any expense or liability that we may incur as a result of these matters in the future will be material to the Company’s business or financial condition.
+Added: The legal proceeding below is an update from our legal proceedings previously disclosed in our 2022 Form 10-K:
+Added: With respect to the July 7, 2022 penalty demand from Region 4 of the U.S.
+Added: Environmental Protection Agency ("EPA") discussed in our report on Form 10-Q for the quarter ended June 30, 2022, we reached a settlement to pay a penalty in the amount of $465,000 in connection with alleged violations of federal stormwater regulations.
+Added: EPA issued Consent Agreements and Final Orders for each facility on February 6, 2023 to document and implement these agreements.
+Added: LKQ paid the penalty to EPA Region 4 on February 28, 2023.
+Added: Our operations and financial results are subject to various risks and uncertainties that could adversely affect our business, financial condition and results of operations, and the trading price of our common stock.
+Added: Please refer to our 2022 Form 10-K for information concerning risks and uncertainties that could negatively impact us.
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.