secwatch.observer — SEC 8-K summary
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Issuer:     APPIAN CORP (APPN)
CIK:        0001441683
Form:       8-K
Filed at:   2022-11-14T23:59:59+00:00
Accession:  0001441683-22-000111
Event type: litigation
Sentiment:  positive
Materiality: 0.70
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

Appian settles Pegasystems litigation in Massachusetts; $2.04B award unaffected
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- Confidential settlement with Pegasystems and BPM.com resolves Massachusetts case (No. 19-cv-11461).
- Court dismissed all claims and counterclaims in the Massachusetts case on November 10, 2022.
- $2.036 billion damages and $23.6 million attorneys' fees from Virginia case (Appian v. Pega) remain intact.
- Terms of the settlement are confidential; no further details disclosed.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1441683/000144168322000111/0001441683-22-000111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1441683/000144168322000111/appn-20221114.htm
  HTML page:      https://secwatch.observer/filing/0001441683-22-000111

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