{"schema_version":"secwatch.filing_event.v1","accession":"0001680873-23-000016","form_type":"8-K","ticker":"HFFG","cik":"0001680873","company_name":"HF Foods Group Inc.","filed_at":"2023-04-26T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.017732+00:00","generated_at":"2026-06-16T13:05:27.305985+00:00","sec_items":["3.03","5.03","8.01","9.01"],"event_type":"litigation","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"HF Foods settles stockholder derivative suit; receives $9.25M from former executives","bullets":["Settlement of Delaware derivative action; former CEO Zhou Min Ni and former COO Chan Sin Wong to pay $9.25M to company.","Dismissal with prejudice of all claims against named defendants; court approval required.","Company to adopt governance changes: separate CEO/Chair, 75% independent directors, annual board training.","Company expects to file long-form settlement agreement with SEC by May 10, 2023."],"urls":{"canonical":"https://secwatch.observer/filing/0001680873-23-000016","json":"https://secwatch.observer/filing/0001680873-23-000016.json","markdown":"https://secwatch.observer/filing/0001680873-23-000016.md","text":"https://secwatch.observer/filing/0001680873-23-000016.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1680873/000168087323000016/0001680873-23-000016-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1680873/000168087323000016/hffg-20230420.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-16T13:05:27.305985+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":[{"claim_id":"321df33214495a12fc8aa71ce31a1bfb076761c4","claim":"HF Foods Group Inc.: Amended Bylaws to modify committee procedures and add procedural requirements for stockholder action by written consent (effective 2023-04-25).","evidence_excerpt":"On April 25, 2023, the Board of Directors (the “Board”) of HF Foods Group Inc., a Delaware corporation (the “Company”), approved certain amendments (the “Amendment”) to the Company’s Amended and Restated Bylaws (the “Bylaws”), effective immediately.","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/1680873/000168087323000016/0001680873-23-000016-index.htm","confidence":0.9,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2023-04-25"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}