{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-25-007009","form_type":"8-K","ticker":"PAYS","cik":"0001496443","company_name":"Paysign, Inc.","filed_at":"2025-09-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:44.119518+00:00","generated_at":"2026-05-17T06:29:27.623272+00:00","sec_items":["7.01","9.01"],"event_type":"litigation","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Paysign proposes settlement of four derivative actions; court hearing set for Nov 14, 2025","bullets":["Settlement resolves four stockholder derivative actions alleging violations of Exchange Act and fiduciary duties.","Company will implement corporate governance reforms; no admission of fault or wrongdoing.","Final approval hearing scheduled for November 14, 2025 before Judge Boulware in Nevada federal court.","Defendants' insurers to pay $607,500 for attorneys' fees and expenses, subject to court approval.","Settlement requires dismissal of all actions with prejudice; releases all claims against named individuals."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-25-007009","json":"https://secwatch.observer/filing/0001683168-25-007009.json","markdown":"https://secwatch.observer/filing/0001683168-25-007009.md","text":"https://secwatch.observer/filing/0001683168-25-007009.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1496443/000168316825007009/0001683168-25-007009-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1496443/000168316825007009/paysign_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T06:29:27.623272+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"}