20 unchanged sentences
On April 16, 2025, the Court granted the defendants’ motion and dismissed the second amended complaint in full without leave to amend, closing the case.
−Removed: The lead plaintiff has thirty days from the date of the Court's order to file a notice of appeal with the U.S.
+Added: On May 16, 2025, the lead plaintiff filed a notice of appeal with the U.S.
Court of Appeals for the Second Circuit.
+Added: On July 11, 2025, the lead plaintiff filed a brief in support of their appeal.
We intend to defend the matter vigorously.
−Removed: No provision was recorded in the condensed consolidated financial statements as of March 29, 2025.
−Removed: Derivative Action
+Added: No provision was recorded in the condensed consolidated financial statements as of June 28, 2025.
+Added: Derivative Action - U.S.
+Added: District Court for the Southern District of New York
On April 12, 2024, a derivative lawsuit was filed against the members of the Mobileye Board of Directors and Intel Corporation, in its capacity as Mobileye’s controlling shareholder.
8 unchanged sentences
Following dismissal of the consolidated securities action, the Court ordered the parties to jointly propose a schedule for further proceedings by April 24, 2025.
+Added: On April 25, 2025, the Court entered a stipulation and order of voluntary dismissal without prejudice.
+Added: In the event the plaintiffs refile this lawsuit, we intend to continue defending the matter vigorously.
+Added: No provision was recorded in the condensed consolidated financial statements as of June 28, 2025.
+Added: Derivative Action - State of Delaware
+Added: On May 6, 2025, a derivative lawsuit captioned Levitan et al.
+Added: Shashua et al.
+Added: was filed in the State of Delaware’s Court of Chancery against certain current and former members of the Mobileye Board of Directors and against Intel Corporation, in its capacity as Mobileye’s controlling shareholder.
+Added: Mobileye was also named as a nominal defendant.
+Added: The complaint principally asserts claims for breach of fiduciary duty against the named director defendants and breach of fiduciary duty and unjust enrichment against Intel Corporation, alleging that the named director defendants and Intel should not have authorized Mobileye’s June 5, 2023 secondary offering given their purported knowledge of the alleged challenges facing the Company concerning customer demand and the buildup of excess inventory by Mobileye’s Tier 1 customers.
+Added: The complaint seeks unspecified damages and other relief.
We intend to defend the matter vigorously.
−Removed: No provision was recorded in the condensed consolidated financial statements as of March 29, 2025.
+Added: No provision was recorded in the condensed consolidated financial statements as of June 28, 2025.
Patent Litigation
12 unchanged sentences
against the patents asserted by Facet.
−Removed: On March 15, 2025, the parties agreed and the relevant courts entered orders staying all litigation pending the outcome of the both IPRs.
+Added: On March 15, 2025, the parties agreed and the relevant courts entered orders staying all litigation pending the outcome of the IPRs.
On March 19, 2025, Facet filed requests for reconsideration of both institution decisions.
On April 22, 2025, the Patent Trial and Appeal Board denied Facet’s request for reconsideration in respect of one of the institution decisions.
−Removed: The other request for reconsideration remains pending.
+Added: On May 2, 2025, the U.S.
+Added: Patent and Trademark Office denied Facet’s request for Director Review of the second institution decision.
We intend to defend the matter vigorously.
−Removed: No provision was recorded in the condensed consolidated financial statements as of March 29, 2025.
+Added: No provision was recorded in the condensed consolidated financial statements as of June 28, 2025.
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.