← Back to OLPX filing summaryThis is the extracted source text from the SEC filing. Formatting may differ from the original document.
We have, and may in the future, from time to time, become involved in litigation or other legal proceedings incidental to our business, including litigation related to intellectual property, regulatory matters, contract, advertising and other consumer claims. In addition, we believe that protecting our intellectual property is essential to our business and we have in the past, and may in the future, become involved in proceedings to enforce our rights. Regardless of outcome, litigation (including the litigation referenced below) can have an adverse impact on our reputation, financial condition and business, including by utilizing our resources and potentially diverting the attention of our management from the operation of our business.
For detail on certain legal proceedings, see “Note 12 – Commitments and Contingencies - Pending Legal Proceedings” to the Company’s Condensed Consolidated Financial Statements of this Quarterly Report.