ClearOne subsidiary settles Spanish wrongful termination claim for €392,810

CLEARONE INC

ClearOne Spain entered a settlement on Jan 5, 2026, with eight former employees claiming wrongful termination.
Aggregate payment of €392,809.80 to dismiss all claims in the Spanish Proceeding (High Court of Justice of Aragon).
Employees will withdraw collective challenge (case 692/2025) within 24 hours of settlement formalization.
Settlement covers severance pay and settlement amounts; company admits no liability.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

CLEARONE INC entered into Settlement Agreement and Waiver of Claims with eight former employees of ClearOne Spain, SL valued at aggregate cash payment of €392,809.80 (effective 2026-01-05).

Action: entry
Agreement: settlement
Counterparty: eight former employees of ClearOne Spain, SL
Value: aggregate cash payment of €392,809.80
Effective: 2026-01-05

Exact text from the filing

On January 5, 2026, ClearOne Spain entered into a Settlement Agreement and Waiver of Claims with the eight former employees (the “Settlement Agreement”). Under the terms of the Settlement Agreement, all eight former employees of ClearOne Spain agreed to dismiss and terminate all of their claims under the Spanish Proceeding in exchange for an aggregate cash payment from ClearOne Spain of €392,809.80.

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Source: SEC EDGAR

accession 0001753926-26-000244

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