Item 8.01 Other Events.
As previously disclosed,
We strongly disagree with the claims and the verdict, and believe the verdict is not supported by the facts of the case or the law, and is the result of significant error. The Company plans to pursue its post-trial remedies to have the verdict set aside. The Company believes it has meritorious defenses and will vigorously pursue appeal of the trial court's findings, with the appeals process potentially taking years.
Note Regarding Forward-Looking Statements
The statements contained in this Form 8-K that are not purely historical may be "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995.
Words such as expects, anticipates, intends, plans, believes, will, could, should, estimates, may, targets, strategies, intends to, projects, forecasts, guidance, likely, and usually, or variations of such words and other similar expressions identify forward-looking statements, which are based on current expectations and assumptions.
These forward-looking statements are based on the Company's current expectations
and beliefs concerning future developments and their potential effects on the
Company. While the Company's expectations, beliefs and estimates are expressed
in good faith and the Company believes there is a reasonable basis for them,
there can be no assurance that future developments affecting the Company will be
those that we have anticipated. These forward-looking statements involve a
number of risks, uncertainties (some of which are beyond the control of the
Company) or other assumptions that may cause actual results or performance to be
materially different from those expressed or implied by such forward-looking
statements. These risks and uncertainties include, but are not limited to:
unfavorable outcomes of existing or future litigation or dispute resolution
proceedings; risks and other uncertainties associated with assumptions and
estimates used to prepare financial statements; and other risks and
uncertainties discussed under the heading "Risk Factors" in our Annual Report on
Form 10-K for the year ended
The forward looking statements in this Form 8-K represent our view as of
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