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AMPE > SEC Filings for AMPE > Form 8-K on 5-Sep-2013All Recent SEC Filings

Show all filings for AMPIO PHARMACEUTICALS, INC.

Form 8-K for AMPIO PHARMACEUTICALS, INC.


5-Sep-2013

Other Events


Item 8.01 Other Events.

On August 30, 2013, Ampio Pharmaceuticals, Inc. (the "Company") became aware of a civil complaint filed in the District Court for Arapahoe County, Colorado on or about August 28, 2013 (the "Complaint"). The Complaint names the Company, its predecessor, and certain of its directors and executive officers as defendants. The Complaint alleges that the defendants breached a contract with the plaintiffs for consulting services the plaintiffs purportedly provided during two time periods: in November and December 2009 in connection with a proposed reverse merger transaction, and between 2010 and 2012. The reverse merger transaction identified by the plaintiffs and which is alleged to be the basis for contract claims was not consummated by the Company. The plaintiffs seek an unspecified amount of compensatory damages and other relief, including 1,130,000 shares of Company common stock, and also assert claims for promissory estoppel, unjust enrichment, and fraudulent inducement and concealment. The Company believes these claims are without merit and intends to defend this lawsuit vigorously.


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