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What changed 10-Q
Item 1. Legal Proceedings
2021-08-10 compared with 2021-05-11 · 3 added, 2 removed, 11 unchanged (31% of the section changed)
3 unchanged sentences
The arbitration demand alleges breach of contract and other claims arising out of allegations that the business failed to engage in required marketing activities for the product developed under the joint product development agreement.
−Removed: The claimant is seeking compensatory and punitive damages, lost profits and other relief.
−Removed: The Company believes that the claims are without merit and no amount has been accrued for in the consolidated financial statements.
+Added: The claimant sought compensatory and punitive damages, lost profits and other relief.
+Added: During the three months ended July 2, 2021, the arbitrator formally closed the arbitration pursuant to a settlement between the parties.
+Added: No financial damages payments were made by the Company.
The Company is subject to various legal proceedings and claims that arise in the ordinary course of business.
6 unchanged sentences
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.