PROGRESS SOFTWARE CORP MA
For the period ended May 31, 2024. Filed Jul 8, 2024.
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May 31, 2024 · Filed Jul 8, 2024
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Legal Proceedings
Item 1. Legal Proceedings
Please refer to Note 15: Cyber Related Matters to the Consolidated Financial Statements included in Item 1, Financial Statements for a discussion of legal proceedings related to the MOVEit Vulnerability.
We are also subject to various other legal proceedings and claims, either asserted or unasserted, which arise in the ordinary course of business. While the outcome of these claims cannot be predicted with certainty, management does not believe that the outcome of any of these legal matters will have a material effect on our financial position, results of operations, or cash flows.
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