8-KRegulation FDExhibits & Filings

MICROSOFT CORP 8-K Report, Regulation FD Disclosure (Dec 4, 2015)

Filed December 4, 2015For Securities:MSFT

Summary

Microsoft Corporation (MSFT) filed an 8-K on December 4, 2015, primarily to disclose information regarding a shareholder derivative lawsuit. The filing announces a Preliminary Approval Order from the court for a Stipulation and Agreement of Settlement in the case of Barovic v. Ballmer, et al. This order grants preliminary approval to a proposed settlement of a shareholder derivative action filed in the United States District Court for the Western District of Washington. Investors should note that this 8-K does not contain material financial updates or operational news. Its focus is strictly on the legal proceedings and the resolution of the shareholder derivative suit. The company is furnishing a Notice of Pendency and Proposed Settlement of Shareholder Derivative Action to its shareholders as a result of this court order.

Key Highlights

  • 1Announcement of Preliminary Approval Order for settlement of shareholder derivative action: Barovic v. Ballmer, et al.
  • 2The lawsuit was filed in the United States District Court for the Western District of Washington.
  • 3The filing is primarily a Regulation FD disclosure regarding legal proceedings, not financial performance.
  • 4Microsoft is providing a Notice of Pendency and Proposed Settlement of Shareholder Derivative Action to shareholders.
  • 5This 8-K does not contain new financial statements or operational updates.
  • 6The information furnished is not considered 'filed' for purposes of Section 18 of the Exchange Act.

Frequently Asked Questions

The main purpose of this 8-K filing is to inform shareholders about the preliminary approval granted by a court for a settlement in a shareholder derivative lawsuit against Microsoft and its officers/directors.

No, this filing is focused on legal proceedings and does not contain any new financial statements, earnings reports, or operational updates for Microsoft. It is a legal disclosure.

A shareholder derivative action is a lawsuit brought by a shareholder on behalf of a corporation, typically against its directors or officers, for alleged wrongdoing that harmed the company.

The Preliminary Approval Order signifies that the court finds the proposed settlement potentially fair and adequate, allowing the process of notifying shareholders and potentially finalizing the settlement to move forward.