secwatch.observer — SEC 8-K summary
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Issuer:     Avery Dennison Corp (AVY)
CIK:        0000008818
Form:       8-K
Filed at:   2023-07-19T23:59:59+00:00
Accession:  0001193125-23-189180
Event type: litigation
Sentiment:  negative
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Avery Dennison loses patent retrial vs ADASA; liability range may exceed $71M
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- Jury on July 18, 2023, found ADASA's patent valid, rejecting Avery's anticipation/obviousness defenses.
- Potential liability may be modestly above previously disclosed range of $5M to $71M.
- Company plans to appeal any judgment based on the jury verdict.
- Avery has largely completed migration to alternative RFID encoding methods.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/8818/000119312523189180/0001193125-23-189180-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/8818/000119312523189180/d511213d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-23-189180

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