Neonode faces $400K fee petition from dismissed shareholder lawsuit

Neonode Inc.

Plaintiff's counsel filed complaint in NY Supreme Court seeking $400,000 attorneys' fees from a dismissed class action.
Original suit (Sept 2020) alleged proxy statement violations under Exchange Act Sections 14(a) and 20(a).
Class action was voluntarily dismissed in Oct 2020; company now contests the fee claim.
Company intends to defend against or settle the fee petition if possible.

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