10 unchanged sentences
In April 2022, we engaged in a meet and confer session with NTS pursuant to Massachusetts General Laws Chapter 21E, Section 4A to discuss the status of the environmental review performed by NTS and its licensed site professional.
+Added: In April 2024, counsel for NTS sent additional communications on their demand that we participate in their environmental monitoring and remediation planning.
In addition, in November 2021, we responded to a request for information from MassDEP regarding the detection of PFAS (per- and polyfluoroakyl substances) in the Acton, Massachusetts Water District’s Conant public water supply wells near the former facility at 531 Main Street, Acton, Massachusetts at a level above standard that MassDEP published for PFAS in October 2020.
We have not been contacted by NTS or MassDEP since the dates discussed above.
−Removed: It is too early to determine what responsibility, if any, we may have for these environmental matters.
+Added: We believe the claims from NTS are without merit and intend to defend our self vigorously.
+Added: It is too early to determine what responsibility, if any, we will have for these matters.
On June 19, 2023, our Board of Directors received notice of our former CEO’s resignation from his positions of President and Chief Executive Officer.
4 unchanged sentences
An arbitrator was appointed on November 29, 2023, and the arbitration trial has been scheduled for mid-December 2024.
+Added: On March 25, 2024, the arbitrator denied Mr.
+Added: Aslett’s motion for compensation during the dispute and payment of his legal fees, preserving those matters for the arbitration trial.
We intend to contest vigorously the claims under the CIC Agreement and believe that we have strong arguments that our former CEO’s claims lack merit.
5 unchanged sentences
District Court for the District of Massachusetts.
−Removed: The complaint asserts Section 10(b) and 20(a) securities fraud claims on behalf of a purported class of purchasers and sellers of our stock from December 7, 2020, through June 23, 2023.
+Added: The complaint asserted Section 10(b) and 20(a) securities fraud claims on behalf of a purported class of purchasers and sellers of our stock from December 7, 2020, through June 23, 2023.
The complaint alleges that our public disclosures in SEC filings and on earnings calls were false and/or misleading.
+Added: The complaint alleged that our public disclosures in SEC filings and on earnings calls were false and/or misleading.
+Added: On February 27, 2024,the Court entered an order appointing Carpenters Pension Trust Fund for Northern California as lead plaintiff.
+Added: On April 18, 2024, the lead plaintiff filed an amended complaint including William Ballhaus and David Farnsworth as additional defendants and amended the class period to February 3, 2021 through February 6, 2024.
Subject to the terms of our by-laws and applicable Massachusetts law, Mr.
−Removed: Aslett, our former Chief Executive Officer, and Mr.
−Removed: Ruppert, our former Chief Financial Officer, are indemnified by the Company for this matter.
+Added: Aslett, our former Chief Executive Officer, Mr.
+Added: Ruppert, our former Chief Financial Officer,Mr.
+Added: Ballhaus, our current Chief Executive Officer, and Mr.
+Added: Farnsworth, our current Chief Financial officer,are indemnified by us for this matter.
We believe the claims in the complaint are without merit and intend to defend our self vigorously.
+Added: It is too early to determine what responsibility, if any, we will have for this matter.
+Added: On January 31, 2024, a former employee at our Torrance, CA location, filed a wage and hour class action lawsuit in California state court in Los Angeles County, along with a companion Private Attorneys General Act (“PAGA”) lawsuit, to act in a representative capacity for other Mercury employees in California, alleging a range of violations of California wage and
+Added: hour regulations.
+Added: We believe the claims in the complaints are without merit and intend to defend our self vigorously.
It is too early to determine what responsibility, if any, Mercury will have for this matter.
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.