---
schema_version: "secwatch.filing_event.v1"
accession: "0001558370-21-016955"
form_type: "8-K"
ticker: "WTS"
cik: "0000795403"
company_name: "WATTS WATER TECHNOLOGIES INC"
filed_at: "2021-12-21T23:59:59+00:00"
generated_at: "2026-06-27T23:31:05.771000+00:00"
event_type: "litigation"
sentiment: "neutral"
materiality_score: 0.25
calibrated_materiality_score: 0.25
confidence: "high"
source: SEC EDGAR
---

# Watts Water resolves shareholder lawsuit over board removal provision; pays $50K

## Summary
- Verified class action filed Oct 6, 2021 challenged bylaw provision allowing board removal without cause as violating Delaware law.
- Company amended bylaws to delete the challenged provision, rendering the lawsuit moot.
- Court dismissed claim with prejudice; company agreed to pay $50,000 in attorneys' fees and expenses in full settlement.
- Company made no admission of wrongdoing; said settlement avoids litigation expense and distraction.

## SEC filing metadata
- accession: 0001558370-21-016955
- form_type: 8-K
- ticker: WTS
- cik: 0000795403
- company_name: WATTS WATER TECHNOLOGIES INC
- filed_at: 2021-12-21T23:59:59+00:00
- event_type: litigation
- sentiment: neutral
- materiality_score: 0.25
- calibrated_materiality_score: 0.25
- confidence: high
- sec_items: 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/795403/000155837021016955/0001558370-21-016955-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/795403/000155837021016955/wts-20211217x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001558370-21-016955
- JSON: https://secwatch.observer/filing/0001558370-21-016955.json
- Plain text: https://secwatch.observer/filing/0001558370-21-016955.txt

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