ABM Industries Files 8-K for Other Events
Ticker: ABM · Form: 8-K · Filed: Sep 13, 2024 · CIK: 771497
| Field | Detail |
|---|---|
| Company | Abm Industries INC /De/ (ABM) |
| Form Type | 8-K |
| Filed Date | Sep 13, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $325,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure
TL;DR
ABM filed an 8-K for 'Other Events' on 9/13, nothing major disclosed yet.
AI Summary
On September 13, 2024, ABM Industries Inc. filed an 8-K report, indicating an event that occurred on September 10, 2024. The filing pertains to 'Other Events' and does not specify any significant financial transactions or material changes.
Why It Matters
This filing indicates a routine disclosure of an event, suggesting no immediate material impact on the company's operations or financial standing.
Risk Assessment
Risk Level: low — The filing is a standard 8-K for 'Other Events' without specific details of material impact, suggesting low immediate risk.
Key Players & Entities
- ABM INDUSTRIES INC (company) — Registrant
- September 13, 2024 (date) — Filing Date
- September 10, 2024 (date) — Earliest Event Date
FAQ
What specific event is reported under 'Other Events' in the 8-K filing?
The filing does not specify the exact nature of the 'Other Events' beyond its classification.
When was the earliest event reported in this 8-K filing?
The earliest event reported was on September 10, 2024.
What is the primary business of ABM Industries Inc. as indicated by the SIC code?
ABM Industries Inc. is in the 'SERVICES-TO DWELLINGS & OTHER BUILDINGS' sector, with SIC code 7340.
Where is ABM Industries Inc. incorporated and what is its principal executive office address?
ABM Industries Inc. is incorporated in Delaware and its principal executive offices are located at One Liberty Plaza, 7th Floor, New York, NY 10006.
What is the IRS Employer Identification Number for ABM Industries Inc.?
The IRS Employer Identification Number for ABM Industries Inc. is 94-1369354.
Filing Stats: 685 words · 3 min read · ~2 pages · Grade level 13.5 · Accepted 2024-09-13 16:04:31
Key Financial Figures
- $0.01 — nge on which registered Common Stock, $0.01 par value ABM The New York Stock Ex
- $325,000 — The Company subsequently agreed to pay $325,000 in attorneys' fees and expenses in full
Filing Documents
- abm-20240913.htm (8-K) — 38KB
- 0000950170-24-106342.txt ( ) — 148KB
- abm-20240913.xsd (EX-101.SCH) — 24KB
- abm-20240913_htm.xml (XML) — 5KB
01 Other Events
Item 8.01 Other Events. On March 11, 2024, Plaintiff Eric Miller ("Plaintiff"), on behalf of a putative class of stockholders of Nominal Defendant ABM Industries Incorporated (the "Company"), filed a Verified Class Action Complaint (the "Action") in the Court of Chancery of the State of Delaware (the "Court"), alleging that the directors of the Company breached their fiduciary duties by adopting amended and restated bylaws of the Company on June 13, 2023, which were alleged to impose unreasonable disclosure and informational requirements on parties nominating a dissident director. The Company also received two demands pursuant to 8 Del. C. 220 on behalf of purported shareholders Robert Garfield and Southeastern Pennsylvania Transportation Authority, respectively (together, the "220 Actions") raising allegations similar to those raised by Plaintiff's Complaint. On March 27, 2024, the Company modified the provisions challenged by Plaintiff's Complaint, among other provisions, by amending and restating its Amended and Restated Bylaws in the form filed as Exhibit 3.1 to the Current Report on Form 8-K filed by the Company with the United States Securities and Exchange Commission (the "Commission") on March 27, 2024 (the "Reforms"). The Company denies and continues to deny all allegations of wrongdoing in the Action and the 220 Actions. Plaintiff, Mr. Garfield, Southeastern Pennsylvania Transportation Authority, and the Company agreed that the Reforms rendered Plaintiff's claims and the 220 Actions moot. The Company subsequently agreed to pay $325,000 in attorneys' fees and expenses in full satisfaction of any and all claims by Plaintiff, Mr. Garfield, Southeastern Pennsylvania Transportation Authority and their respective counsel for fees and expenses in the Action and the 220 Actions. In making this decision, the Company considered various factors, including the cost and time associated with litigation. On September 10, 2024, the Court entered an order closing t
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Date: September 13, 2024 By: /s/ Andrea R. Newborn Andrea R. Newborn Executive Vice President, General Counsel and Secretary