{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-25-054261","form_type":"8-K","ticker":"TWO","cik":"0001465740","company_name":"TWO HARBORS INVESTMENT CORP.","filed_at":"2025-05-29T23:59:59+00:00","discovered_at":"2026-05-14T18:02:48.376367+00:00","generated_at":"2026-05-20T05:42:48.196057+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"confidence":"high","headline":"Two Harbors records $198.9M contingency liability after court ruling in PRCM dispute","bullets":["Court overruled company's objections; granted plaintiffs' summary judgment that Two Harbors had no cause to terminate management agreement.","Company expects to accrue $198.9M in contingency liability and expense for May 2025 for termination fee plus pre-judgment interest.","Company's own summary judgment motion denied; counterclaims dismissed.","Additional claims for which summary judgment was denied are not accrued as loss not probable or estimable."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-25-054261","json":"https://secwatch.observer/filing/0001104659-25-054261.json","markdown":"https://secwatch.observer/filing/0001104659-25-054261.md","text":"https://secwatch.observer/filing/0001104659-25-054261.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1465740/000110465925054261/0001104659-25-054261-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1465740/000110465925054261/tm2516502d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T05:42:48.196057+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"}