Icop (3048) Receives Notice of Appeal regarding Arbitration Award Revocation Lawsuit filed by Pegatron
Icop has received notification of an appeal regarding a lawsuit filed by Pegatron to revoke an arbitration award. The company will retain counsel to handle the matter but states that there is no material impact on its finances as it has already provisioned for potential damages.
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- 📰 Published: May 23, 2026 at 06:31
- 🔍 Collected: May 23, 2026 at 06:31 (0 min after Published)
- 🤖 AI Analyzed: May 23, 2026 at 07:49 (1h 17m after Collected)
Announcement Date: May 22, 115
Company Code: 3048
Company Name: Icop
Subject: Announcement of receipt of notice of civil appeal
1. Parties involved in the legal event:
Appellant: Pegatron Corporation
Appellee: Icop
2. Name of the court: Shilin District Court, Taiwan
3. Case number of the legal documents: 113th Year Arbitration Litigation No. 1
4. Date of occurrence: 115/05/22
5. Cause of the event (including the subject of the dispute): Regarding the arbitration award revocation event between the parties, the appellant is dissatisfied with the civil judgment 113th Year Arbitration Litigation No. 1 rendered by the court of first instance on April 13, 115. The company has received the notice of appeal filed by the appellant. The declarations are: "1. The original judgment shall be revoked. 2. The appellee's lawsuit in the first instance shall be dismissed. 3. The litigation costs for the first and second instances shall be borne by the appellee."
6. Process: The company will retain legal counsel to handle subsequent matters related to the civil litigation.
7. Impact on company finances and business, and estimated impact: The company has recognized related litigation compensation provisions for the amount and interest adjudicated by the arbitration tribunal since the third quarter of the 113th year, and there is no material impact on the company's financial and business operations.
8. Response and improvement measures: None.
9. Other details: As a public company, this major announcement conforms to Article 7, Paragraph 2 of the Enforcement Rules of the Securities and Exchange Act, regarding matters that have a material impact on shareholders' equity or securities prices.
Company Code: 3048
Company Name: Icop
Subject: Announcement of receipt of notice of civil appeal
1. Parties involved in the legal event:
Appellant: Pegatron Corporation
Appellee: Icop
2. Name of the court: Shilin District Court, Taiwan
3. Case number of the legal documents: 113th Year Arbitration Litigation No. 1
4. Date of occurrence: 115/05/22
5. Cause of the event (including the subject of the dispute): Regarding the arbitration award revocation event between the parties, the appellant is dissatisfied with the civil judgment 113th Year Arbitration Litigation No. 1 rendered by the court of first instance on April 13, 115. The company has received the notice of appeal filed by the appellant. The declarations are: "1. The original judgment shall be revoked. 2. The appellee's lawsuit in the first instance shall be dismissed. 3. The litigation costs for the first and second instances shall be borne by the appellee."
6. Process: The company will retain legal counsel to handle subsequent matters related to the civil litigation.
7. Impact on company finances and business, and estimated impact: The company has recognized related litigation compensation provisions for the amount and interest adjudicated by the arbitration tribunal since the third quarter of the 113th year, and there is no material impact on the company's financial and business operations.
8. Response and improvement measures: None.
9. Other details: As a public company, this major announcement conforms to Article 7, Paragraph 2 of the Enforcement Rules of the Securities and Exchange Act, regarding matters that have a material impact on shareholders' equity or securities prices.
FAQ
What is the current status of the Icop lawsuit?
Icop has received a notice of appeal regarding a lawsuit to revoke an arbitration award filed by Pegatron and is appointing counsel to respond.
Is there any financial impact?
The company states that the impact is not significant as it has already provisioned for the potential damages.
When did this occur?
May 22, 115 (Republic of China calendar).