secwatch.observer — SEC 8-K summary
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Issuer:     JACK IN THE BOX INC (JACK)
CIK:        0000807882
Form:       8-K
Filed at:   2022-06-09T23:59:59+00:00
Accession:  0001157523-22-000760
Event type: litigation
Sentiment:  negative
Materiality: 0.55
Item codes: 1.01
LLM model:  deepseek-v4-flash:cloud@v2

Jack in the Box subsidiary Del Taco settles California wage class action for $50M
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- Del Taco entered settlement agreement for $50M to resolve class action and PAGA wage-and-hour claims in California.
- Class covers non-exempt employees in California from March 2012 to November 2021; PAGA group through August 2022.
- Settlement is subject to preliminary and final court approval; no admission of wrongdoing.
- Company says settlement was anticipated and within expected range; Del Taco acquisition remains accretive with minimal EPS impact.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/807882/000115752322000760/0001157523-22-000760-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/807882/000115752322000760/a52744317.htm
  HTML page:      https://secwatch.observer/filing/0001157523-22-000760

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer