secwatch.observer — SEC 8-K summary
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Issuer:     RELIABILITY INC (RLBY)
CIK:        0000034285
Form:       8-K
Filed at:   2023-05-23T23:59:59+00:00
Accession:  0001493152-23-018744
Event type: litigation
Sentiment:  positive
Materiality: 0.75
Item codes: 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Reliability Inc. wins arbitration award of $835,156; receiver to be appointed
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- Arbitrator issued Amended Award on May 17, 2023, in favor of Reliability and Maslow Media Group.
- Award of $835,156 against VREH under Note II as of June 30, 2022, with 5.5% annual interest.
- Rehabilitative receiver to be appointed under Maryland law in supplemental award.
- Only one recovery allowed as fraud damages overlap with nonpayment of notes.
- Company and MMG prevailed in arbitration against Vivos Holdings and related parties.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34285/000149315223018744/0001493152-23-018744-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34285/000149315223018744/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-018744

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