---
schema_version: "secwatch.filing_event.v1"
accession: "0001428336-24-000106"
form_type: "8-K"
ticker: "HQY"
cik: "0001428336"
company_name: "HEALTHEQUITY, INC."
filed_at: "2024-11-29T23:59:59+00:00"
generated_at: "2026-05-29T12:41:56.856043+00:00"
event_type: "litigation"
sentiment: "negative"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# HealthEquity settles lease lawsuit with Union Mesa for $32.8M

## Summary
- Union Mesa retained $2.8M letter of credit; HealthEquity/WageWorks to pay additional $30M.
- Lawsuit dismissed with prejudice; all claims and future lease liability released.
- Settlement recorded as merger integration expense in fiscal Q3 ended Oct 31, 2024; payment in Q4 ending Jan 31, 2025.

## SEC filing metadata
- accession: 0001428336-24-000106
- form_type: 8-K
- ticker: HQY
- cik: 0001428336
- company_name: HEALTHEQUITY, INC.
- filed_at: 2024-11-29T23:59:59+00:00
- event_type: litigation
- sentiment: negative
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1428336/000142833624000106/0001428336-24-000106-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1428336/000142833624000106/hqy-20241127.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001428336-24-000106
- JSON: https://secwatch.observer/filing/0001428336-24-000106.json
- Plain text: https://secwatch.observer/filing/0001428336-24-000106.txt

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