LEGAL PROCEEDINGS
−Removed: From time to time, we are subject to threats of litigation or actual litigation in the ordinary course of business, some of which may be material.
−Removed: We believe that there are no currently pending litigation matters that, if determined adversely to our interests, would have a material effect on our financial position, results of operations, or cash flows or that would not be covered by our existing liability insurance.
+Added: Bell Semiconductor Litigation
+Added: On August 11, 2022, Bell Semiconductor LLC filed suit against MaxLinear in the Southern District of California alleging infringement of U.S.
+Added: 6,436,807 and 7,007,259.
+Added: MaxLinear answered the complaint on January 26, 2023 and the case is presently early in the fact discovery phase.
+Added: The case is tentatively scheduled for trial in February 2024.
+Added: On August 26, 2022, Bell Semiconductor LLC filed suit against MaxLinear in the Southern District of California alleging infringement of U.S.
+Added: 7,149,989 and 7,260,803.
+Added: MaxLinear answered the complaint on January 26, 2023 and the case is presently early in the fact discovery phase.
+Added: The case is tentatively scheduled for trial in February 2024.
+Added: On October 7, 2022 Bell Semiconductor LLC filed suit against MaxLinear in the Southern District of California alleging infringement of U.S.
+Added: This action has been stayed pending a parallel ITC investigation involving the same patent.
+Added: Specifically, on October 13, 2023, Bell Semiconductor also filed suit against MaxLinear before the U.S.
+Added: International Trade Commission alleging infringement of U.S.
+Added: This was instituted by the Commission as Investigation No.
+Added: 337-TA-1342 on November 23, 2022.
+Added: A schedule was set by the administrative law judge and key deadlines include a close of fact discovery on May 1, 2023, a close of expert discovery June 5, 2023, and an evidentiary hearing beginning on August 7, 2023.
+Added: An initial determination is expected from the judge on November 21, 2023, with a final determination from the Commission by March 21, 2024.
+Added: Other Matters
+Added: In addition, from time to time, we are subject to threats of litigation or actual litigation in the ordinary course of business, some of which may be material.
+Added: We record a provision for contingent losses when it is both probable that a liability has been incurred and the amount of the loss can be reasonably estimated.
+Added: We currently do not believe that the ultimate outcome of any of the matters described above is probable or reasonably estimable, or that these matters will have a material adverse effect on our business;
+Added: however, the results of litigation and claims are inherently unpredictable.
+Added: Regardless of the outcome, litigation can have an adverse impact on us because of litigation and settlement costs, diversion of management resources and other factors.
MINE SAFETY DISCLOSURES
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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.