LEGAL PROCEEDINGS
−Removed: In 2019, the Company self-reported to the SEC information concerning the internal investigation of certain accounting matters resulting in the restatement for the full year 2017 and full year 2018, including interim
−Removed: quarters in 2018, and the first quarter of 2019.
+Added: In 2019, the Company self-reported to the SEC information concerning the internal investigation of certain accounting matters resulting in the restatement for the full year 2017 and full year 2018, including
+Added: interim quarters in 2018, and the first quarter of 2019.
In response, the Division of Enforcement of the SEC initiated an investigation into the Company’s historical accounting practices.
−Removed: In July 2021, the Company entered into a settlement agreement with
−Removed: the SEC to conclude this investigation.
−Removed: Under the terms of the settlement, in addition to other non-monetary settlement terms, (1) the Company paid a civil monetary penalty of $200,000, and (2) the Company’s
−Removed: former Chief Financial Officer and Chief Executive Officer agreed to pay a civil monetary penalty of $25,000.
−Removed: In accepting the Company’s settlement offer, the SEC took into account remedial actions the Company took promptly after learning of the
−Removed: issues detailed in the SEC’s order.
+Added: In July 2021, the Company entered into a settlement
+Added: agreement with the SEC to conclude this investigation.
+Added: Under the terms of the settlement, in addition to other non-monetary settlement terms, (1) the Company paid a civil monetary penalty of $200,000, and (2) the Company’s former Chief Financial
+Added: Officer and Chief Executive Officer, agreed to pay a civil monetary penalty of $25,000.
+Added: In accepting the Company’s settlement offer, the SEC took into account remedial actions the Company took promptly after learning of the issues detailed in
+Added: the SEC’s order.
We are periodically involved in various litigation that arises in the ordinary course of business and operations.
−Removed: There are no such
−Removed: matters pending that we expect to have a material impact on our financial position or operating results.
−Removed: See discussion of Legal Proceedings in Note 8, Commitments and Contingencies of the Notes to the
−Removed: Consolidated Financial Statements included in Item 8 of this Form 10-K.
+Added: There are no such matters pending that we expect to have a material impact on our financial
+Added: position or operating results.
+Added: See discussion of Legal Proceedings in Note 8, Commitments and Contingencies of the Notes to the Consolidated Financial Statements included in Item 8 of this Form 10-K.
MINE SAFETY DISCLOSURES
1 unchanged sentence
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.