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Item 8.01 Other Events
On May 28, 2020, Universal Electronics Inc. (“UEI”) entered into a confidential settlement agreement with Universal Electronics BV, a wholly owned subsidiary of UEI (“UEBV”), Telenet BVBA, a customer of UEBV (“Telenet”), Ruwido Austria GmbH (“Ruwido”) and FM Marketing GmbH an affiliated company to Ruwido (“FM Marketing”) whereby all court proceedings (first filed in 2015) between the parties have been dismissed with prejudice. As a part of this agreement, in addition to dismissing their claims against UEBV and Telenet, FM Marketing will pay an undisclosed amount to UEBV and Telenet.
In addition, also on May 28, 2020, UEI issued a press release reporting the settlement.
A copy of UEI’s press release is attached as Exhibit 99 and incorporated by reference.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits. The following exhibit is furnished with this report.
Exhibit 99 Press Release issued on May 28, 2020, reporting the settlement.
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UNIVERSAL ELECTRONICS INC Exhibit
EX-99 2 exhibit99-8k20200528.htm EXHIBIT 99 Exhibit Exhibit 99Universal Electronics Inc.,…
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About UNIVERSAL ELECTRONICS INC. (NASDAQ:UEIC)

Universal Electronics Inc. (UEI) develops control and sensor technology solutions and manufactures a line of pre-programmed and universal remote control products, audio-video (AV) accessories, and intelligent wireless security and automation components. The Company’s offerings include pre-programmed universal infrared (IR) and radio frequency (RF) remote controls that are sold primarily to subscription broadcasting providers, original equipment manufacturers (OEMs), retailers, and private label customers, and integrated circuits, on which its software and universal device control database is embedded, sold primarily to OEMs, subscription broadcasting providers, and private label customers. Its offerings also include software, firmware and technology solutions that enable devices, such as televisions, set-top boxes, stereos, smart phones tablets, gaming controllers and other consumer electronic devices to wirelessly connect and interact with home networks and interactive services.