---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-22-029887"
form_type: "8-K"
ticker: "LCTX"
cik: "0000876343"
company_name: "Lineage Cell Therapeutics, Inc."
filed_at: "2022-10-28T23:59:59+00:00"
generated_at: "2026-06-22T23:04:56.398049+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Lineage Cell Therapeutics settles Asterias merger lawsuit for $10.65M

## Summary
- Settlement of $10.65M funded ~$7.12M by insurers and ~$3.53M by Lineage (cash or shares).
- Lineage may issue unregistered common shares under Section 3(a)(10) for its portion.
- Settlement subject to Delaware Chancery Court approval; denial would mean continued defense.
- Defendants, including Lineage, deny all claims and no admission of liability.

## SEC filing metadata
- accession: 0001493152-22-029887
- form_type: 8-K
- ticker: LCTX
- cik: 0000876343
- company_name: Lineage Cell Therapeutics, Inc.
- filed_at: 2022-10-28T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 3.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/876343/000149315222029887/0001493152-22-029887-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/876343/000149315222029887/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-22-029887
- JSON: https://secwatch.observer/filing/0001493152-22-029887.json
- Plain text: https://secwatch.observer/filing/0001493152-22-029887.txt

## Key facts
- Material Agreements
  Lineage Cell Therapeutics, Inc. entered into Stipulation and Agreement of Compromise and Settlement valued at $10.65 million (effective 2022-10-26).
  - Action: entry
  - Agreement: settlement
  - Value: $10.65 million
  - Effective: 2022-10-26
  source text: On October 26, 2022, a Stipulation and Agreement of Compromise and Settlement (the “Settlement Agreement”) was entered into by the plaintiff, on behalf of himself and all others similarly situated, Lineage, and Messrs. Mulroy, Kingsley, LeBuhn and Mohanty.
  evidence_url: https://www.sec.gov/Archives/edgar/data/876343/000149315222029887/0001493152-22-029887-index.htm

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