secwatch.observer — SEC 8-K summary
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Issuer:     DarioHealth Corp. (DRIO)
CIK:        0001533998
Form:       8-K
Filed at:   2023-01-13T23:59:59+00:00
Accession:  0001104659-23-003840
Event type: litigation
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

DarioHealth settles stockholder class action over director removal bylaw; pays $75K in fees
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- Settled Chavakula v. DarioHealth Corp. challenging a bylaw allowing board to remove directors with/without cause.
- Company agreed not to use the Removal Provision to remove a director.
- DarioHealth pays $75,000 in attorneys' fees/expenses plus $500 service award to plaintiff.
- Court closed case on Jan 9, 2023 after company issued this notice.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1533998/000110465923003840/0001104659-23-003840-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1533998/000110465923003840/tm233356d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-003840

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