{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-123911","form_type":"8-K","ticker":"VCTR","cik":"0001570827","company_name":"Victory Capital Holdings, Inc.","filed_at":"2026-11-06T21:31:23+00:00","discovered_at":"2026-11-06T21:32:00.251584+00:00","generated_at":"2026-11-06T21:32:08.326517+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.45,"calibrated_materiality_score":0.45,"confidence":"high","headline":"Victory Capital faces two NY suits over First Eagle proxy; adds supplemental disclosures","bullets":["Two purported-stockholder complaints filed in NY Supreme Court: Wright v. Victory (Index 656101/2026, Oct 27) and Taylor v. Victory (Index 656139/2026, Oct 28), plus demand letters.","Suits allege the Proxy Statement was materially incomplete and misleading; they seek an injunction, rescission or damages, and fees; Victory denies the allegations and says its disclosures comply.","Victory voluntarily supplements the proxy but says the $7.03B base purchase price for First Eagle and the Nov 17, 2026 special meeting timing are unchanged; the board still recommends FOR.","Supplement adds PJT DCF: Victory implied equity of $7.89B-$9.90B, or $93.75-$117.75/share vs $116 close on Aug 24; 10.0x-12.0x terminal EBITDA and 10.5%-12.5% discount rate.","First Eagle DCF implies adjusted total enterprise value of $6.05B-$7.62B using 8.5x-10.5x terminal EBITDA and assumes $299M of sign-to-close free cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-123911","json":"https://secwatch.observer/filing/0001104659-26-123911.json","markdown":"https://secwatch.observer/filing/0001104659-26-123911.md","text":"https://secwatch.observer/filing/0001104659-26-123911.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1570827/000110465926123911/0001104659-26-123911-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1570827/000110465926123911/tm2629130d2_8k.htm"},"model":{"generated_by":"deepseek-v4.1-flash:cloud@v2","generated_at":"2026-11-06T21:32:08.326517+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"}