---
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"
generated_at: "2026-06-11T03:52:21.296148+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# California court confirms $63M arbitration award for Align against SmileDirectClub; SDC motion to vacate denied

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: litigation
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 8.01, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001097149-23-000064
- JSON: https://secwatch.observer/filing/0001097149-23-000064.json
- Plain text: https://secwatch.observer/filing/0001097149-23-000064.txt

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