2 unchanged sentences
insurance coverage, and even if they are, if claims against us are successful, they may exceed the limits of applicable insurance coverage.
−Removed: On July 9, 2020, the Company
−Removed: was served with a civil complaint filed in the Superior Court for the State of California, County of Orange by a former employee, Robert
−Removed: Rankin, who resigned his employment on or about March 30, 2020.
+Added: July 9, 2020, the Company was served with a civil complaint filed in the Superior Court for the State of California, County of Orange
+Added: by a former employee, Robert Rankin, who resigned his employment on or about March 30, 2020.
The case is entitled Rankin v.
−Removed: Hancock Jaffe Laboratories, Inc.
+Added: Hancock Jaffe
+Added: Laboratories, Inc.
et al., Case No.
30-2020-01146555-CU-WR-CJC and was filed on May 27, 2020.
−Removed: The complaint asserts several causes of action, including
−Removed: a cause of action for failure to timely pay Mr.
−Removed: Rankin’s accrued and unused vacation and three months’ severance under his
−Removed: July 16, 2018 employment agreement with the Company.
−Removed: Rankin alleges that he was forced to resign, however, we believe that he did
−Removed: not give the Company notice or an opportunity to cure the allegations.
−Removed: The complaint seeks, inter alia, back pay, unpaid wages, compensatory
−Removed: damages, punitive damages, attorneys’ fees, and costs.
−Removed: On September 3, 2020 the Company and its Chief Executive Officer were served
−Removed: with a second complaint filed in the Superior Court for the State of California, County of Orange by Mr.
−Removed: The case is entitled
+Added: The complaint asserts several causes of
+Added: action, including a cause of action for failure to timely pay Mr.
+Added: Rankin’s accrued and unused vacation and three months’
+Added: severance under his July 16, 2018 employment agreement with the Company.
+Added: Rankin alleges that he was forced to resign, however, we
+Added: believe that he did not give the Company notice or an opportunity to cure the allegations.
+Added: The complaint seeks, inter alia, back pay,
+Added: unpaid wages, compensatory damages, punitive damages, attorneys’ fees, and costs.
+Added: On September 3, 2020 the Company and its Chief
+Added: Executive Officer were served with a second complaint filed in the Superior Court for the State of California, County of Orange by Mr.
+Added: The case is entitled Rankin v.
Hancock Jaffe Laboratories, Inc.
1 unchanged sentence
30-2020-01157857 and was filed on August 31,
−Removed: The complaint asserts
−Removed: several causes of action, including defamation, unlawful labor code violations, sex-based discrimination, unfair competition, and seeks
−Removed: damages for lost wages, emotional and mental distress, consequential damages, punitive damages and attorney’s fees and costs.
+Added: The complaint asserts several causes of action, including defamation, unlawful labor code violations, sex-based discrimination,
+Added: unfair competition, and seeks damages for lost wages, emotional and mental distress, consequential damages, punitive damages and attorney’s
+Added: fees and costs.
Rankin resigned as the Company’s Chief Financial Officer, Secretary and Treasurer on March 30, 2020.
−Removed: The Company has denied
−Removed: all claims in both matters (which have now been consolidated) and has filed a counterclaim asserting that Rankin has breached his employment
−Removed: agreement with the Company to the Company’s damage.
−Removed: The Company continues to believe it has meritorious defenses to both matters,
−Removed: which are set for trial June 27, 2022.
+Added: has denied all claims in both matters (which have now been consolidated) and has filed a counterclaim asserting that Rankin has breached
+Added: his employment agreement with the Company to the Company’s damage.
+Added: The Company continues to believe it has meritorious defenses
+Added: to both matters, which are currently set for trial June 12, 2023.
and Safety Disclosure
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.