Appian Corp 8-K, filed Nov 14, 2022
Appian Corp (APPN)
8-K
2022-11-14
For: 2022-11-14
View Original
Added on
April 04, 2026
About this 8-K
Appian Corp filed this 8-K on November 14, 2022.
Items reported
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 14, 2022 (November 9, 2022)
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Item 8.01 Other Events.
On November 9, 2022, Appian Corporation (the “Company”) entered into a confidential settlement agreement with Pegasystems Inc. (“Pega”) and Business Process Management, Inc. (“BPM.com”), resolving the litigation previously pending in the United States District Court for the District of Massachusetts and titled Pegasystems Inc. v. Appian Corporation and Business Process Management, Inc., Case No. 19-cv-11461-PBS-MPK (the “Massachusetts Case”). On November 10, 2022, the court entered an order dismissing all claims and counterclaims in the Massachusetts Case.
The award of $2.036 billion in damages and $23.6 million in attorney’s fees associated with the case titled Appian Corp v. Pegasystems Inc. & Youyong Zou, No. 2020-07216 (Fairfax Cty. Ct.) is not impacted by resolution of the Massachusetts Case.
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 thereunto duly authorized.
| Appian Corporation | |||||||||||
Date: November 14, 2022 | By: | /s/ Mark Matheos | |||||||||
| Mark Matheos | |||||||||||
| Chief Financial Officer | |||||||||||