Item 8.01. Other Events.
On September 25, 2020, the plaintiffs in the stockholder derivative action
captioned In re Alphabet Inc. Shareholder Derivative Litigation, Lead Case No.
19CV341522, pending in the Superior Court of the State of California, County of
Santa Clara (the "California Action"), filed a motion for preliminary approval
of the settlement of the California Action, as well as other related litigations
pending in the United States District Court for the Northern District of
California and the Delaware Court of Chancery and litigation demands made by
certain stockholders of the company (collectively, the "Settled Matters"). The
complaints and demands in the Settled Matters alleged that certain defendants
breached their fiduciary duties in connection with (1) an alleged pattern of
sexual harassment and discrimination by male executives at the company and (2) a
data bug, allegedly in violation of state and federal law. The Settled Matters
were resolved pursuant to a Stipulation and Agreement of Settlement (the
"Stipulation") that the plaintiffs filed with their motion for preliminary
approval and that is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit
No. Description
99.1 Stipulation and Agreement of Settlement
104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
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