Departed
Gary Nelson
Director
FKWL ·
FRANKLIN WIRELESS CORP
Mr. Gary Nelson who resigned his position on the Board, also on February 17, 2025.
Ready 8-Ks
19
Latest filing
March 26, 2026, 7:59 PM ET
Top materiality
0.75
Event mix
leadership ×6 · other ×5 · litigation ×3
Sentiment
1 pos · 1 neg · 17 neu
Executive change
recent →
Recent 8-K filings for FKWL
Highest-materiality recent filing
Franklin gets $2M jury verdict vs CEO for short-swing trading; replaces auditor
- Jury returned $2M verdict in favor of Franklin Wireless against CEO O.C. Kim for short-swing profit violations.
- CEO Kim has filed notice of intent to appeal the verdict.
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Franklin Wireless repurchases CEO's vested options for 200,000 shares at $746,067
Agreement with CEO OC Kim to repurchase fully-vested options for 200,000 common shares.
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Franklin Wireless settles Section 16(b) derivative suit; CEO to pay $1M, company to pay $550K
Jury verdict in February 2024 awarded plaintiff $2M for CEO OC Kim's short-swing profits.
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Franklin gets $2M jury verdict vs CEO for short-swing trading; replaces auditor
Jury returned $2M verdict in favor of Franklin Wireless against CEO O.C. Kim for short-swing profit violations.
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Franklin Wireless settles securities class action for $2.4M over Jetpack defects
Settlement resolves securities fraud claims over alleged defective Jetpack batteries supplied to Verizon; no admission of wrongdoing.
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Franklin Wireless loans $10M to majority-owned subsidiary at 2% interest for facility purchase
Loan of $10M to majority-owned FTI to purchase South Korea facility and provide working capital.
Executive changes
Appointed
Ira Greenstein
Director
FKWL ·
FRANKLIN WIRELESS CORP
Effective February 17, 2025, the Board of Directors appointed Ira Greenstein to the Board of Directors
Appointed
(interim)
Reid Granados
Interim Chief Financial Officer
FKWL ·
FRANKLIN WIRELESS CORP
Also, effective January 1, 2025, the Board of Directors has appointed Reid Granados to serve as Interim Chief Financial Officer of the Company.
Role change
Bill Bauer
Chief Financial Officer
FKWL ·
FRANKLIN WIRELESS CORP
Effective January 1, 2025, Bill Bauer has resigned as acting Chief Financial Officer of the Company.
Role change
David Lee
Senior Vice President of Sales
FKWL ·
FRANKLIN WIRELESS CORP
On July 14, 2023, the Board of Directors appointed David Lee as Senior Vice President of Sales.
Departed
David Brown
acting Chief Financial Officer
FKWL ·
FRANKLIN WIRELESS CORP
On September 30th, 2022, David Brown resigned as acting Chief Financial Officer of the Company to pursue other opportunities.
Appointed
(interim)
Bill Bauer
Interim Chief Financial Officer
FKWL ·
FRANKLIN WIRELESS CORP
The Board of Directors has appointed Bill Bauer to serve as the Interim Chief Financial Officer while the Company searches for a replacement for Mr. Brown.
Materiality & sentiment trend
Max materiality 0.75 · Median 0.40 · Most common event leadership