Item 1. Legal Proceedings
Item 1.
Legal Proceedings
Item 3 of Part I of our Annual Report on Form 10-K for the year ended December 31, 2021, filed with the SEC on February 23, 2022 describes certain of our
legal proceedings. Except as described below, there have been no material developments to the legal proceedings previously disclosed.
Regarding the matter first disclosed by the Company in its Form 10-Q that was filed with the SEC for the quarterly period ended October
3, 2020, on September 12, 2022, the United States District Court for the Eastern District of New York dismissed all third-party complaints commenced by Island Transportation Corp. against nineteen third-party defendants including Vishay GSI, Inc. (“VGSI”), a wholly owned subsidiary of the Company.
Item 1A.
Risk Factors
There have been no material changes to the risk factors we previously disclosed under Item 1A of Part I of our Annual Report on Form 10-K for the year
ended December 31, 2021, filed with the SEC on February 23, 2022.
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