{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-019904","form_type":"8-K","ticker":"FLUX","cik":"0001083743","company_name":"Flux Power Holdings, Inc.","filed_at":"2025-07-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:43.294040+00:00","generated_at":"2026-05-18T06:09:22.829259+00:00","sec_items":["1.01","2.03","9.01"],"event_type":"litigation","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Flux Power settles class action for $1.75M; insurers to fund $1.15M","bullets":["Settlement term sheet signed July 11, 2025 to resolve Kassam v. Flux Power Holdings class action (Case No. 3:25-cv-00113-JO-DDL).","Company establishes $1.75M escrowed settlement fund covering payments, attorneys' fees, and administration expenses.","Insurers are expected to fund approximately $1.15M; company contribution estimated at $600k as retention/deductible.","Settlement covers common stock purchasers between Nov 15, 2021 and Feb 14, 2025; no admission of liability.","Final settlement requires definitive agreement within 45 days and court approval; parties revert if not approved."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-019904","json":"https://secwatch.observer/filing/0001641172-25-019904.json","markdown":"https://secwatch.observer/filing/0001641172-25-019904.md","text":"https://secwatch.observer/filing/0001641172-25-019904.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1083743/000164117225019904/0001641172-25-019904-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1083743/000164117225019904/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-18T06:09:22.829259+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}