{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-25-036259","form_type":"8-K/A","ticker":"FISI","cik":"0000862831","company_name":"FINANCIAL INSTITUTIONS INC","filed_at":"2025-03-10T23:59:59+00:00","discovered_at":"2026-05-14T18:03:06.540824+00:00","generated_at":"2026-05-25T02:33:48.883845+00:00","sec_items":["2.02","7.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"FISI records $23M pre-tax litigation accrual, restates Q4/FY2024 results to wider losses","bullets":["Settlement of class-action lawsuit over UCC notice compliance in NY and PA adds $23.0M pre-tax charge.","Q4 2024 net loss increased by $17.1M to $82.8M; diluted EPS revised to –$5.07 from –$4.02.","Full-year 2024 net loss rose to $41.6M from $24.5M; diluted EPS now –$2.75 vs. –$1.66.","Settlement reached March 7, 2025 after mediation; subject to court approval; $6.5M in insurance proceeds netted.","Tangible common equity fell to $491M (8.11% of tangible assets) from prior $508M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-25-036259","json":"https://secwatch.observer/filing/0000950170-25-036259.json","markdown":"https://secwatch.observer/filing/0000950170-25-036259.md","text":"https://secwatch.observer/filing/0000950170-25-036259.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/862831/000095017025036259/0000950170-25-036259-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/862831/000095017025036259/fisi-20241231.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-25T02:33:48.883845+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}