{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-22-008164","form_type":"8-K","ticker":"WORX","cik":"0001674227","company_name":"SCWorx Corp.","filed_at":"2022-02-17T23:59:59+00:00","discovered_at":"2026-05-14T18:04:07.752372+00:00","generated_at":"2026-06-27T07:05:14.584632+00:00","sec_items":["1.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"confidence":"high","headline":"SCWorx settles class action with $600K stock issuance, derivative suit with governance reforms","bullets":["Class action settlement: Company issues $600,000 worth of common stock; insurers make cash payment to plaintiffs.","Derivative action settlement: Insurers pay plaintiffs' legal fees; Company adopts corporate governance reforms within 60 days of court approval.","Both settlements are subject to court approval; no admission of wrongdoing by defendants.","Company expects to satisfy $750,000 D&O insurance retention liability upon stock issuance."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-22-008164","json":"https://secwatch.observer/filing/0001213900-22-008164.json","markdown":"https://secwatch.observer/filing/0001213900-22-008164.md","text":"https://secwatch.observer/filing/0001213900-22-008164.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1674227/000121390022008164/0001213900-22-008164-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1674227/000121390022008164/ea155829-8k_scworxcorp.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-27T07:05:14.584632+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"}