litigation
confidence high
sentiment neutral
materiality 0.60
Pegasystems settles Massachusetts litigation with Appian; terms confidential
PEGASYSTEMS INC
- Entered confidential settlement with Appian and BPM.com, dismissing all claims and counterclaims in Massachusetts litigation with prejudice.
- Virginia litigation between Pegasystems and Appian, currently on appeal, is unaffected by this settlement.
- Terms of the settlement are confidential; no financial impact disclosed.