NATHANS FAMOUS INC
For the period ended Mar 31, 2024. Filed Jun 12, 2024.
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FY2024 · Filed Jun 12, 2024
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Item 3. Legal Proceedings
We and our subsidiaries are from time to time involved in ordinary and routine litigation. Management presently believes that the ultimate outcome of these proceedings, individually or in the aggregate, will not have a material adverse effect on our financial position, cash flows or results of operations. Nevertheless, litigation is subject to inherent uncertainties and unfavorable rulings could occur. An unfavorable ruling could include monetary damages and, in such event, could result in a material adverse impact on our results of operations for the period in which the ruling occurs.
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