Legal Proceedings.
−Removed: In October 2018, Finjan, Inc.
−Removed: (“Finjan”) filed a complaint against us and our wholly-owned subsidiary, Rapid7 LLC, in the United States District Court, District of Delaware, alleging patent infringement of seven patents held by them.
−Removed: In the complaint, Finjan sought unspecified damages, attorneys' fees and injunctive relief.
−Removed: During the first quarter of 2023, we settled with Finjan for an immaterial amount.
−Removed: On April 5, 2023, the joint motion to dismiss the case was accepted by the court and this matter is now closed.
−Removed: In addition, from time to time, we are a party to litigation or subject to claims incident to the ordinary course of business.
+Added: From time to time, we are a party to litigation or subject to claims incident to the ordinary course of business.
Although the results of litigation and claims cannot be predicted with certainty, we currently believe that the final outcome of these ordinary course matters will not have a material adverse effect on our business, financial condition or results of operations.
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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.