---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-21-021450"
form_type: "8-K"
ticker: "STXS"
cik: "0001289340"
company_name: "Stereotaxis, Inc."
filed_at: "2021-08-27T23:59:59+00:00"
generated_at: "2026-06-29T07:13:56.590159+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Stereotaxis agrees to pay $675K to settle shareholder lawsuit over proxy disclosures

## Summary
- Putative class action filed by Richard Barre alleged fiduciary duty breaches for CEO Performance Award proxy disclosure deficiencies.
- Company filed proxy supplement on May 10, 2021 to address claims without admitting liability.
- Plaintiff voluntarily dismissed action on May 12, 2021; Chancery Court retained jurisdiction for fees.
- Stereotaxis agreed to pay $675,000 to plaintiff's counsel for attorneys' fees and expenses in full satisfaction.
- Payment resolves all claims for fees; Chancery Court not asked to review reasonableness.

## SEC filing metadata
- accession: 0001493152-21-021450
- form_type: 8-K
- ticker: STXS
- cik: 0001289340
- company_name: Stereotaxis, Inc.
- filed_at: 2021-08-27T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1289340/000149315221021450/0001493152-21-021450-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1289340/000149315221021450/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-21-021450
- JSON: https://secwatch.observer/filing/0001493152-21-021450.json
- Plain text: https://secwatch.observer/filing/0001493152-21-021450.txt

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