---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-178636"
form_type: "8-K"
ticker: "NWL"
cik: "0000814453"
company_name: "NEWELL BRANDS INC."
filed_at: "2023-06-29T23:59:59+00:00"
generated_at: "2026-06-13T15:11:36.697744+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Newell settles derivative lawsuits with governance reforms; court preliminarily approves

## Summary
- Court preliminarily approved settlement on June 27, 2023; final hearing set for Aug 25, 2023.
- Settlement includes corporate governance measures and $1.7 million in attorneys' fees and expenses.
- Derivative actions dismissed with prejudice; no admission of wrongdoing by defendants.
- Settlement resolves claims related to Jarden integration, discounting practices, sales growth, and insider trading.
- Special Litigation Committee determined settlement serves best interests of Newell and stockholders.

## SEC filing metadata
- accession: 0001193125-23-178636
- form_type: 8-K
- ticker: NWL
- cik: 0000814453
- company_name: NEWELL BRANDS INC.
- filed_at: 2023-06-29T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/814453/000119312523178636/0001193125-23-178636-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/814453/000119312523178636/d511738d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-178636
- JSON: https://secwatch.observer/filing/0001193125-23-178636.json
- Plain text: https://secwatch.observer/filing/0001193125-23-178636.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.