LEGAL PROCEEDINGS
−Removed: time to time, the Company is subject to litigation and claims arising in the ordinary course of business.
−Removed: March 29, 2018, the Company was served with a complaint filed by PMT Corporation (“PMT”), the former employer of Mark Christianson,
−Removed: a current Company employee, and Wade Fredrickson, a now former Company employee.
−Removed: The complaint added the Company, NeuroOne, Inc.
−Removed: Christianson to its existing lawsuit against Mr.
−Removed: Fredrickson in the Fourth Judicial District Court of the State of Minnesota.
−Removed: the lawsuit, PMT claimed that Mr.
−Removed: Fredrickson and Mr.
−Removed: Christianson, by virtue of their work for the Company and their prior work during
−Removed: employment with PMT, breached their non-competition, non-solicitation and non-disclosure obligations, breached their fiduciary duty obligations,
−Removed: were unjustly enriched, engaged in unfair competition, engaged in a civil conspiracy, tortiously interfered with PMT’s contracts
−Removed: and prospective economic advantage, and breached a covenant of good faith and fair dealing.
−Removed: The litigation was settled on September 29,
+Added: From time to time, we may be involved in various
+Added: claims and legal proceedings relating to claims arising out of our operations.
+Added: We are not currently a party to any legal proceedings that,
+Added: in the opinion of our management, are likely to have a material adverse effect on our business.
+Added: Regardless of outcome, litigation can
+Added: have an adverse impact on us because of defense and settlement costs, diversion of management resources and other factors.
MINE SAFETY DISCLOSURES
−Removed: Medical Technologies Corporation
+Added: Not applicable.
+Added: NeuroOne Medical Technologies
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.