---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-025288"
form_type: "8-K"
ticker: "RLBY"
cik: "0000034285"
company_name: "RELIABILITY INC"
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T14:42:11.362870+00:00"
event_type: "litigation"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Reliability Incorporated wins arbitration award of ~$11.9M plus interest; receiver appointed

## Summary
- Award of $3.46M to MMG under Note I (4.5% interest), $800k under Note III (2.5% interest) from June 30, 2022.
- $2.31M personal guaranty award against Naveen Doki (6% interest); $1M in stock transfer to company.
- $4.33M fraud damages award against Naveen, Valleru, Janumpally, Pathuri jointly/severally (6% interest).
- Rehabilitative receiver appointed to collect damages due to board deadlock; voting restrictions on certain shares.
- Parties have until September 19, 2022 to submit proposals for the receivership.

## SEC filing metadata
- accession: 0001493152-22-025288
- form_type: 8-K
- ticker: RLBY
- cik: 0000034285
- company_name: RELIABILITY INC
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: litigation
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34285/000149315222025288/0001493152-22-025288-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34285/000149315222025288/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-025288
- JSON: https://secwatch.observer/filing/0001493152-22-025288.json
- Plain text: https://secwatch.observer/filing/0001493152-22-025288.txt

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