1 unchanged sentence
The Company is involved in various claims and legal actions arising in the ordinary course of business.
−Removed: In many claims and actions, it is inherently difficult to determine whether any loss is probable or even reasonably possible or to estimate the size or range of the possible loss.
−Removed: Accordingly, an adverse outcome from such proceedings could have a material adverse effect on the Company’s consolidated financial position, results of operations or liquidity.
+Added: The Company records accruals for estimated losses relating to claims and lawsuits when available information indicates that a loss is probable and the amount of the loss, or range of loss, can be reasonably estimated.
Legal expenses are expensed as incurred.
−Removed: A summary of potential material proceedings and litigation is as follows.
−Removed: Ingrid Barahona v.
−Removed: Accountabilities, Inc.
−Removed: d/b/a Accountabilities Staffing, Inc., Radiant Global Logistics, Inc.
−Removed: and DBA Distribution Services, Superior Court of the State of California, Los Angeles County, Case No.
−Removed: On February 19, 2019, the Company filed a Motion to Dismiss the class action case, which the court granted on March 14, 2019, and subsequently entered judgment in favor of the Company on April 30, 2019.
−Removed: By mutual written agreement of the parties, the matter was dismissed by Order of the Court of Appeals of the State of California, Second Appellate District, Division 8 on February 28, 2020.
−Removed: This matter is closed.
+Added: There are no potentially material legal proceedings as of September 30, 2020.
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.