---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-106342"
form_type: "8-K"
ticker: "ABM"
cik: "0000771497"
company_name: "ABM INDUSTRIES INC /DE/"
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T05:05:37.199748+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# ABM settles shareholder lawsuit over bylaw disclosure requirements; pays $325K in fees

## Summary
- Plaintiff alleged directors breached fiduciary duties by imposing unreasonable disclosure requirements on dissident nominations.
- Company adopted amended bylaws on March 27, 2024 to resolve the claims and the 220 demands.
- Company paid $325,000 in attorneys' fees and expenses to settle all claims; denies all wrongdoing.
- Delaware Court of Chancery closed the action on Sept. 10, 2024, subject to this 8-K filing.

## SEC filing metadata
- accession: 0000950170-24-106342
- form_type: 8-K
- ticker: ABM
- cik: 0000771497
- company_name: ABM INDUSTRIES INC /DE/
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/771497/000095017024106342/0000950170-24-106342-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/771497/000095017024106342/abm-20240913.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-106342
- JSON: https://secwatch.observer/filing/0000950170-24-106342.json
- Plain text: https://secwatch.observer/filing/0000950170-24-106342.txt

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