GETTY REALTY CORP /MD/
For the period ended Mar 31, 2026. Filed Apr 23, 2026.
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Mar 31, 2026 · Filed Apr 23, 2026
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Legal Proceedings
ITEM 1. LEGAL PROCEEDINGS
Please refer to “Part I, Item 3. Legal Proceedings” in our Annual Report on Form 10-K for the year ended December 31, 2025, and to“Note 4 — Commitments and Contingencies” in “Part I, Item 1. Financial Statements” in this Quarterly Report on Form 10-Q, for information regarding material pending legal proceedings. Except as set forth therein, there have been no new material legal proceedings and no material developments in any of our previously disclosed legal proceedings reported in our Annual Report on Form 10-K for the year ended December 31, 2025.
MTBE Litigation – State of Maryland
As more fully described in our Annual Report on Form 10-K for the year ended December 31, 2025, the State of Maryland, by and through the Attorney General on behalf of the Maryland Department of Environment and the Maryland Department of Health, filed a complaint on December 17, 2017 naming the Company and more than 60 other defendants in connection with alleged statewide MTBE contamination. The case was filed in the Circuit Court for Baltimore City and removed to the United States District Court for the District of Maryland (the “District Court”), where it remains pending.
The Company and the State of Maryland have entered into a settlement agreement to resolve all claims in this matter for $0.5 million, which amount was funded by the Company on April 1, 2026. The amount of the settlement payment was previously accrued as a litigation reserve. Pursuant to the terms of the settlement agreement, the Company and the State of Maryland are seeking an order from the District Court dismissing the Company from the litigation with prejudice. A motion to dismiss has been filed; however, certain non-settling defendants have filed an opposition to the motion. The matter is currently being briefed, and a ruling is expected in due course. This matter will not be considered final until the settlement and dismissal are approved by the District Court.
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