Legal Proceedings.
−Removed: We are currently not a party to any material legal proceedings.
From time to time, we may be involved in legal proceedings or subject to claims incident to the ordinary course of business.
Regardless of the outcome, such proceedings or claims can have an adverse impact on us because of defense and settlement costs, diversion of resources and other factors, and there can be no assurances that favorable outcomes will be obtained.
+Added: In October 2023, we resolved an investigation with the U.S.
+Added: Attorney’s Office for the District of Massachusetts that was initiated by a qui tam lawsuit.
+Added: Pursuant to a Settlement Agreement, we made a single lump-sum remittance to the government in the amount of $0.7 million plus interest in connection with specimen processing arrangements that we historically had with physicians.
+Added: Attorney’s Office dismissed this “covered conduct” in the qui tam with prejudice, while non-covered conduct was dismissed without prejudice.
+Added: In November 2023, the complaint was unsealed and served on us.
+Added: We filed a motion to dismiss the complaint.
+Added: In February 2024, the relator filed a motion for leave to amend the complaint.
+Added: We opposed this motion, and all motions are still pending.
+Added: The Company intends to vigorously defend against the claims being asserted in the complaint.
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.