{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-22-246050","form_type":"8-K","ticker":"PEGA","cik":"0001013857","company_name":"PEGASYSTEMS INC","filed_at":"2022-09-16T23:59:59+00:00","discovered_at":"2026-05-14T18:03:54.593090+00:00","generated_at":"2026-06-23T08:59:28.275302+00:00","sec_items":["8.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.95,"calibrated_materiality_score":0.95,"confidence":"high","headline":"Pegasystems faces $2.06B judgment in Appian trade secrets case; files appeal","bullets":["Virginia court entered final judgment of ~$2.06B plus attorney fees and costs, with 6% post-judgment interest.","Company filed notice of appeal on Sept 15, 2022; appeals may take years, no payment required until process ends.","Pegasystems strongly disagrees with verdict, believes it has strong grounds to overturn; no impact on products or sales."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-22-246050","json":"https://secwatch.observer/filing/0001193125-22-246050.json","markdown":"https://secwatch.observer/filing/0001193125-22-246050.md","text":"https://secwatch.observer/filing/0001193125-22-246050.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1013857/000119312522246050/0001193125-22-246050-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1013857/000119312522246050/d376808d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-23T08:59:28.275302+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"}