secwatch.observer — SEC 8-K summary
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Issuer:     APPIAN CORP (APPN)
CIK:        0001441683
Form:       8-K
Filed at:   2022-05-10T23:59:59+00:00
Accession:  0001441683-22-000052
Event type: litigation
Sentiment:  positive
Materiality: 0.95
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Appian awarded $2.036B jury verdict against Pegasystems for trade secret misappropriation
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- Jury awarded $2.036 billion in damages for misappropriation of trade secrets.
- Jury additionally awarded $1 in damages for violation of the Virginia Computer Crimes Act.
- Verdict returned on May 9, 2022 after a seven-week trial in Fairfax County Circuit Court.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441683/000144168322000052/0001441683-22-000052-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441683/000144168322000052/appn-20220510.htm
  HTML page:      https://secwatch.observer/filing/0001441683-22-000052

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer