---
schema_version: "secwatch.filing_event.v1"
accession: "0000108385-23-000010"
form_type: "8-K"
ticker: "WRLD"
cik: "0000108385"
company_name: "WORLD ACCEPTANCE CORP"
filed_at: "2023-04-21T23:59:59+00:00"
generated_at: "2026-06-16T21:06:14.161011+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Court preliminarily approves derivative lawsuit settlement against World Acceptance Corp.

## Summary
- Preliminary approval granted for settlement of derivative action filed in 2020 against officers/directors.
- Insurers to pay $700,000 in attorneys' fees and expenses; hearing set for June 20, 2023.
- World Acceptance to adopt corporate governance reforms detailed in Exhibit A of the stipulation.
- Derivative action will be dismissed with prejudice upon final court approval.

## SEC filing metadata
- accession: 0000108385-23-000010
- form_type: 8-K
- ticker: WRLD
- cik: 0000108385
- company_name: WORLD ACCEPTANCE CORP
- filed_at: 2023-04-21T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/108385/000010838523000010/0000108385-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/108385/000010838523000010/wrld-20230419.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000108385-23-000010
- JSON: https://secwatch.observer/filing/0000108385-23-000010.json
- Plain text: https://secwatch.observer/filing/0000108385-23-000010.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.