{"schema_version":"secwatch.filing_event.v1","accession":"0001097149-23-000064","form_type":"8-K","ticker":"ALGN","cik":"0001097149","company_name":"ALIGN TECHNOLOGY INC","filed_at":"2023-08-24T23:59:59+00:00","discovered_at":"2026-05-14T18:03:33.135854+00:00","generated_at":"2026-06-11T03:52:21.296148+00:00","sec_items":["8.01","9.01"],"event_type":"litigation","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"California court confirms $63M arbitration award for Align against SmileDirectClub; SDC motion to vacate denied","bullets":["Superior Court of Santa Clara County confirmed $63M final arbitration award in Align's favor and denied SDC's petition to vacate.","Arbitrator found SDC breached 2016 Supply Agreement; Align did not breach. Award is maximum under liability cap.","If SDC appeals, it must post bond of ~$94M (150% of judgment). Interest accrues at 10% per annum (~$17k/day).","Align expects to recognize award when it determines amount is realizable.","Court noted arbitrator 'paid careful attention to everything,' indicating strong ruling."],"urls":{"canonical":"https://secwatch.observer/filing/0001097149-23-000064","json":"https://secwatch.observer/filing/0001097149-23-000064.json","markdown":"https://secwatch.observer/filing/0001097149-23-000064.md","text":"https://secwatch.observer/filing/0001097149-23-000064.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1097149/000109714923000064/0001097149-23-000064-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1097149/000109714923000064/algn-20230821.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-11T03:52:21.296148+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"}