litigation
confidence high
sentiment positive
materiality 0.70
Retractable Technologies settles lawsuit against Locke Lord for $1.9M
RETRACTABLE TECHNOLOGIES INC
- Settlement resolves all claims in Case DC-19-17946 against Locke Lord LLP in Dallas County court.
- Company receives $1.9 million in cash; no admission of liability by either party.
- Claims dismissed with prejudice; mutual releases exchanged between the parties.
- Lawsuit stemmed from legal representation in prior litigation against Becton Dickinson.
item 8.01