Item 1. Legal Proceedings
ITEM 1.
LEGAL PROCEEDINGS
The nature of the legal proceedings against the Company is discussed at Note 13 to the financial statements, which are included in this Form 10-Q.
The Company has reported all cases (excluding routine litigation incidental to the business) instituted against it through April 3, 2021, and the results of those cases, where terminated, to the SEC on its previous Form 10-Q and 10-K reports, to which reference is hereby made.
There were no lawsuits formally instituted against the Company during the three months ending July 3, 2021.
Primus Group, LLC v. Smith and Wesson, et al. , is a previously reported putative class action filed in the United States District Court for the Southern District of Ohio on August 8, 2019 that was dismissed by the trial court, with prejudice. Plaintiff filed a Notice of Appeal on October 15, 2019. The Court of Appeals for the Sixth Circuit entered an order affirming the dismissal on February 8, 2021. Because no further appeals were timely filed, this matter was closed in the three months ended July 3, 2021.
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